Paytm Payments Bank may approach RBI for small finance bank licence by June

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Exclusive | Paytm Payments Bank may approach RBI for small finance bank licence by June

Vijay Shekhar Sharma-promoted Paytm Payments Bank is likely to apply to the Reserve Bank of India (RBI) for a small finance bank (SFB) licence by June, according to two people familiar with the development.

“I think (the application for SFB licence will be moved) sometime around May-June next fiscal year,” said one of the sources cited above.





https://www.moneycontrol.com/news/business/bank...

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This is a move to split Paytm Payments Bank to a separate entity eventually and earn from it

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