AP HC: Shutdown of Specific Unit Constitutes Closure, Workers Entitled to Compensation under S.25FFF  ||  P&H High Court: Over-Implication of Accused’s Relatives Turns Criminal Process Into Harassment  ||  Delhi HC: Denying Candidature of Physically Disabled Person Due to 'No Vacancy' Violates RPwD Act  ||  Delhi HC: Denying Candidature of Physically Disabled Person Due to 'No Vacancy' Violates RPwD Act  ||  Delhi HC: Denying Candidature of Physically Disabled Person Due to 'No Vacancy' Violates RPwD Act  ||  HP High Court: Possession of Intermediate Quantity of Opium Poppy Not Punishable under S.37 NDPS Act  ||  Delhi HC: Caste Abuse on Flyover Counts as 'Public View' Under SC/ST Act Even Without Witnesses  ||  Kerala High Court: Limitation Period Starts From Date Continuous Breach of Contract Comes to an End  ||  Delhi High Court: Renting or Leasing Residential Property for Residential Use Exempt from GST  ||  Delhi High Court: Banks Cannot Be Accused of Defamation, Calling a Company 'Fraud' Not Defamatory    

RBI Clears 11 Payments Banks - (20 Aug 2015)

Reserve Bank of India (RBI) has given 'in principle' clearance to 11 entities to set up 'payments banks'. These entities include department of posts, top conglomerates such as Reliance Industries, Aditya Birla Group, Airtel , Vodafone etc. Also includes a number of tech and finance companies.

Tags : RESERVE BANK OF INDIA   PAYMENTS BANKS  

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