Paytm Payments Bank aims to open 31 branches and 3,000 customer service points in its first year.
Paytm's Cancellation Project Allows you to cancel tickets up to three hours ahead of the scheduled show timing by charging you only Rs 9.
Mumbai: Indian digital payments firm Paytm launched a niche payments bank on Tuesday, aiming to acquire 500 million customers in the next three years, the company said in a statement.
Paytm, which runs India's biggest electronic wallet, said it will offer an interest rate of 4 percent per annum on deposits.
The Paytm Payments Bank aims to open 31 branches and 3,000 customer service points in its first year of operations, the company said.
A payments bank is an institution that can take deposits and remittances but cannot lend.
( Source : reuters )
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