RBL Bank launches Aadhaar-Based disbursment of Mirco Loans

Private sector RBL Bank today said it has launched 'Aadhaar Payment Bridge System' (APBS) for small ticket micro-finance loan disbursements.  The bank said it is the first bank to launch the APBS on its platform and the intent is to meet the government's target on digital banking.  "This was achieved by doing the first successful cashless disbursement to various beneficiaries […]

Read more