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  2. National Automated Clearing House - Wikipedia

    en.wikipedia.org/wiki/National_Automated...

    User can authenticate a NACH API e-mandate on the web. The customer gets directed to the NPCI website, where customer has to choose their bank, and then authenticate via one of the two methods - 1. Net banking credentials 2. Debit card. [3] Kotak Mahindra Bank became the first bank to allow customers to choose both methods for authentication. [5]

  3. Kotak Mahindra Bank - Wikipedia

    en.wikipedia.org/wiki/Kotak_Mahindra_Bank

    In 2015, Kotak Mahindra General Insurance, a wholly-owned subsidiary of Kotak Mahindra Bank, started operations after receiving IRDAI's approval. [23] In 2016, Bharti Airtel and Kotak Mahindra Bank started an 80:20 joint venture called Airtel Payments Bank. [24] In 2016, Kotak Mahindra Bank acquired BSS Microfinance for ₹ 139.2 crore (US$20. ...

  4. Kotak Life Insurance - Wikipedia

    en.wikipedia.org/wiki/Kotak_Life_Insurance

    The Kotak Mahindra Group was founded in 1985 as a provider of financial services. [8] [9] In February 2003, Kotak Mahindra Finance Ltd (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI) to conduct banking operations in the country and was renamed as Kotak Mahindra Bank, the parent company of Kotak Life Insurance. [10]

  5. 13 common bank fees you shouldn't be paying — and how to ...

    www.aol.com/finance/avoid-common-bank-fees...

    2. Overdraft fees. 💵 Typical cost: $26 to $35 per occurrence Overdraft fees happen when you spend more money than you have in your checking account, and the bank covers the difference ...

  6. Airtel Payments Bank - Wikipedia

    en.wikipedia.org/wiki/Airtel_Payments_Bank

    Bharti Airtel launched Airtel Payments Bank in September 2016 and went live with its pilot project in Rajasthan in November 2016. [6] It was launched nationally in January 2017 to support the cashless revolution promised by the Government of India. [9] In August 2021, Kotak Mahindra sold its stake to Bharti Enterprises. As of 31 December 2021 ...

  7. Immediate Payment Service - Wikipedia

    en.wikipedia.org/wiki/Immediate_Payment_Service

    Immediate Payment Service is managed by the National Payments Corporation of India (NPCI) and is built upon the existing National Financial Switch network. In 2010, the NPCI initially carried out a pilot for the mobile payment system with 4 member banks (State Bank of India, Bank of India, Union Bank of India and ICICI Bank), and expanded it to include Yes Bank, Axis Bank and HDFC Bank later ...

  8. Insurance Regulatory and Development Authority - Wikipedia

    en.wikipedia.org/wiki/Insurance_Regulatory_and...

    It is tasked with regulating and licensing the insurance and re-insurance industries in India. [2] It was constituted by the Insurance Regulatory and Development Authority Act, 1999, [3] an Act of Parliament passed by the Government of India. [4] The agency's headquarters are in Hyderabad, Telangana, where it moved from Delhi in 2001. [5]

  9. DigiLocker - Wikipedia

    en.wikipedia.org/wiki/DigiLocker

    In February 2017, Kotak Mahindra Bank started providing access to documents in DigiLocker from within its net-banking application, allowing users to electronically sign and share them. [11] In May 2017, over 108 hospitals, including the Tata Memorial Hospital were planning to launch the use of DigiLocker for storing cancer patients' medical ...