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    News in brief

    Mobile wallet provider to launch payments bank

    News in brief

    Indian mobile payments provider Paytm has been granted permission from the Reserve Bank of India to formally launch a payments bank. “Our aim is to build a new business model in the banking industry, focussed on bringing financial services to hundreds of millions of unserved or underserved Indians,” the company says.

    Filed by Email Rian Boden nfcworld.com Published • Last updated 4 January 2017, 12:44

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