Finance Minister Arun Jaitley today said payments bank will have a "multiplier impact" by providing doorstep banking to people in remote areas at lower cost and compete with traditional banks in future. (DCM72) Mumbai: Continuing its winning run for the fourth straight session, the rupee today hit its two-week high of 67.95, appreciating by 8 paise on sustained unwinding of American currency by exporters and banks. (DEL49) New Delhi: With the aviation regulator DGCA reviewing airlines' on-time performance (OTP) mechanism at four airports, budget carrier SpiceJet today called for applying same rules for all players and making the system more efficient. (DEL55)
Mumbai: The Ajay Piramal-led Piramal Enterprises will demerge its healthcare and financial services businesses soon, a top company official said today. (BCM15).
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