New bank

Illustration: Jayachandran/Mint

Starting trouble for payments banks

8 min read . 19 Oct 2016
Payments banks came into being thanks to the Reserve Bank of India’s (RBI) push to ensure that the banking sector deliver financial inclusion. Photo: Bloomberg<br />

Don’t write off payments banks

3 min read . 01 Jun 2016
After private banks, public-sector banks, such as the State Bank of India (SBI), should brace up for competition from the upcoming payments and small banks. Photo: Pradeep Gaur/Mint<br />
Bhattacharya had last week said that new payment banks could wean precious low-cost savings bank deposits away from the established full-service players.<br />

SBI chief concerned about new banks

1 min read . 25 Aug 2015