Voda-Idea explores M&A for Vodafone M-Pesa
The Kumar Mangalam Birla led group has been pressing the accelerator on its payment banking business since it received the license from RBI in April 2017.
Aditya Birla Idea Payments Bank to close operations
Aditya Birla Idea Payments Bank has said it is winding up business on account of "unantic...
Vodafone Idea to close m-pesa business, writes off Rs 210 crore for payments bank closure
Nearly 17 months after it began operations, ABIPBL ...
Vodafone Idea Q1 loss widens to Rs 4,908 crore QoQ; margins expand
Revenue for the quarter ended June 30 came in at Rs 11,269.9 crore, down 4.3% on quarter.
Idea Mobile Commerce to merge with Aditya Birla Idea Payments
Payments banks are allowed to collect deposits (initially up to Rs 1 lakh per individual), offer Internet banking, facilitate money transfers and sell insurance and mutual funds.
Idea Q2 profit dives 88% to Rs 91.46 cr on higher expenses
The profit beat an average estimate of 1.55 billion rupees from 13 analysts polled by Thomson Reuters I/B/E/S.
Idea Cellular posts consolidated net loss of Rs 385.6 crore because of Jio
Idea, for the first time, witnessed a decline of 5.5 million mobile data customers on sequential quarter basis because of free data promotions by Jio.
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