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2014 - RBI grants a banking license to IDFC Bank. [60] 2017 - The bank IDFC Bank is the first in India to launch an Aadhaar-linked cashless merchant solution. [61] [62] 2018 - IDFC Bank merged with Capital First to create IDFC First Bank. [63] 2020 - The bank announced that it has signed Amitabh Bachchan, as its first brand ambassador. [64]
Paytm (an acronym for " pay through mobile ") is an Indian multinational financial technology company, that specializes in digital payments and financial services, based in Noida, India. [4] Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables merchants ...
Immediate Payment Service (IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones. The service is available 24/7 throughout the year including bank holidays. National Electronic Funds Transfer (NEFT) was also made available 24/7 from ...
Ernst & Young Entrepreneur of the Year, 2022. V. Vaidyanathan (born 2 January 1968) is an Indian banker who is the Managing Director and Chief Executive Officer (CEO) of IDFC First Bank, [2] formed after the merger of IDFC Bank and Capital First. Prior to assuming this role, he held the position of Chief Executive Officer at ICICI Prudential ...
Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [1][2] It is used on mobile devices to instantly transfer ...
MobiKwik. MobiKwik is an Indian payment service provider founded in 2009 that provides a mobile phone-based payment system and digital wallet. [3][4] Customers can add money to an online wallet that can be used for payments. In 2013 the Reserve Bank of India authorized the company's use of the MobiKwik wallet, [5] and in May 2016 the company ...
v. t. e. Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that ...
Website. www.idfc.com. Infrastructure Development Finance Company Limited, more commonly known as IDFC, is a development finance institution based in India under the Department of Financial Services, Government of India. [2] It provides finance and advisory services for infrastructure projects, as well as asset management and investment banking.