https://www.desidime.com/discussions/paytm-payments-bank-may-approach-rbi-for-small-finance-bank-licence-by-june?page=1#post_8307937
This is a move to split Paytm Payments Bank to a separate entity eventually and earn from it
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.
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