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Latest Articles in payment bank

Renu Satti Appointed as CEO of Paytm Payments Bank; Ready to Launch on May 23

One97 Communications founder and CEO Vijay Shekhar Sharma has said all active wallet accounts on the payments app will be transferred to the payments bank.

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Airtel Payments Bank: Commenced National Operations in All 29 States of India

Digital Banking: Quick and paperless account opening using Aadhaar based e-KYC. This requires no documents at all, only the customer’s Aadhaar number is needed · The customer’s mobile number will be his/her bank account number. · Interest rate of 7.25 % p.a. on deposits in savings accounts. · Money transfer to any bank account in India (Free money transfer from Airtel-to-Airtel numbers within Airtel Payments Bank). · Free Personal Accidental Insurance of Rs. 1 Lac with every Savings Account. · Easy deposit and withdrawal facility across a wide network of Airtel retail outlets.

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