The committee, aimed at addressing current problems included other bigwigs like Zarine Daruwala CEO Standard Chartered Bank, Amitabh Chaudh...

Satish Gupta comes in after Renu Satti stepped down as CEO in July and moved on to head the company’s new retail business.

This is the second time that the corner office at the payments bank has fallen vacant.

To drive growth at company as CFO

Payments bank can accept demand and savings bank deposits from individuals and small businesses, up to a maximum of Rs 1 lakh per account.

For Paytm, selling the financial products would be critical and a key revenue steam as payments banks cannot lend money and earn interest o...

At present, payment wallet services offered by various players can be easily accessed through mobile number or customer ids provided after ...

The Alibaba-backed wallet and ecommerce company will continue to develop the customer-facing mobile applications by itself.

It can be noted that payment banks are required to park 75 per cent of their deposits in the safer but low yielding fixed income instrument...

The payments bank first appointed CEO Shinjini Kumar from research and consultancy firm PricewaterhouseCoopers (PwC) in February, followed ...

Wipro will implement core-banking solutions for Paytm and also the programme to manage the integration of other key systems like anti-money...

Paytm, India's largest mobile payments platform, has appointed former Reserve Bank of India executive Vipin Surelia as vice-president

Kumar, a partner and leader of the banking and capital markets practice at PwC, will take charge next month and build a 2,500-strong team.

The state-owned postal services department has floated an expression of interest, or EoI, inviting consultants for its banking foray.

PwC's leader for banking and capital markets Shinjini Kumar said: "It is a very small number compared to the universe of applicants or the ...

Public sector banks will need to get more capital to make more provisions and if they want to grow.

RBI has also poured cold water on hopes of regulatory forbearance on liquidity requirements for finance firms, which are planning to conver...