Payment Banks

Why Aditya Birla Payment Bank has Shut down

Why Aditya Birla Payments Bank is Shutting down?

Why Aditya Birla Payments Bank is Shutting down? Last week, Aditya Birla have announced the shutdown of its payment bank. Aditya Birla Idea Payments Bank has started operations just 18 months back. It is the fourth bank that is shutting down in payment banks section. What are payment Banks? Why Aditya Birla Payment Bank is

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10 Interesting Facts about India Post Payment Bank (IPPB)

Interesting Facts about India Post Payment Bank (IPPB) Last week, India cabinet has approved Indian Post Office Payment Bank (IPPB) to be set-up as Public Limited Company which would have 100% share from Govt. of India. While this would be still under Dept of Posts, this movement was announced during budget announcements of 2016. What