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Why have half of India's payments banks shut shop?

In 2016, the first of 11 payments bank licences was issued. Eight years later, only six are still operational ....

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Cholamandalam Investment And Finance Company Share Price Graph And News

Cholamandalam Investment And Finance Company Share Price Graph And News
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Airtel Payments Bank Looks To List On Bourses Soon

Bharti Airtel’s fintech arm Airtel Payments Bank is reportedly looking to list on the bourses in the coming future. ....

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Are WhatsApp and Jio Cooling Off on Payments Partnership?

Nevertheless, Jio s payments bank, which debuted as the telco s answer to Airtel Payments Bank and Paytm Payments Bank, has itself not yet made significant progress in the country s payments market. It was incorporated as a joint venture between Reliance Industries and public sector bank State Bank of India (SBI) in November 2016 and started its operations in April 2018.
According to the data available on the National Payments Corporation of India (NPCI) website, Jio Payments Bank has only take a small share of Unified Payments Interface (UPI) transactions. The payments bank processed over 4.2 lakh transactions that accounted for a total of Rs. 20.35 crores in November, as per the publicly available data. ....

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