Indian digital payments wallet Paytm has transformed itself into payment bank. Aiming to acquire 500 million customers in the next three years, the company said in a statement.One97 Communications, the parent company of digital payments player Paytm, is transferring its wallet business to Paytm Payments Bank. As per the Reserve Bank of India’s (RBI) guidelines,…

Money can be needed anytime for any reason. Years ago, people had to rely on private financiers or relatives to fund to their sudden or unexpected monetary need. But now, after various economic reforms and liberalization of banks, availing a loan for those who maintain good financial history has become much easier. Just a phone call…

The country’s largest car maker Maruti Suzuki India (MSI) has launched launched an all new version of its compact sedan Dzire, priced between Rs 5.45 lakh and Rs 9.41 lakh (ex-showroom Delhi). The petrol variants with manual powertrains are priced between Rs 5.45 lakh and Rs 7.94 lakh while the diesel trims are tagged between Rs…

Indian Railways is all set to roll out the luxurious feature-packed Tejas Express whose coaches have been designed to bear speeds of up to 200 kmph. According to reports from Indian Railways, the train will soon start plying between Mumbai and Goa. So, get ready to zip across short distances with infotainment and luxury on board!…

Days after SBI raised minimum balance requirement to maintain savings account with bank, further the bank revised service charges on various cash transactions for its customers, effective from June 1. Announced in a circular on the SBI website on Thursday morning, the revisions initially created confusion among customers over news that all cash withdrawals through…