Paytm Launches Payments Bank, Offers Cashback, 4 per cent Interest | Read

PUBLISHED ON: May 23, 2017 | Duration: 1 min, 17 sec

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Mobile wallet Paytm, which became a household name after the Narendra Modi government's decision to scrap high denomination currency last year, has launched niche bank in a bid to double its customer base. Already 220 millon customers use Paytm, the target is expanding it to 500 million in the next three years.

Disclosure: Paytm's parent company One97 is an investor in Gadgets 360.
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