PAYTM as PAYTM BANK

We know PAYTM as PAYTM Wallet but PAYTM BANK going start services as PAYTM BANK

When PAYTM Planned to Start as PAYTM BANK 11 Industries got ready. In all these 11 industries TECH MAHINDRA took there decision back and AIRTEL INDUSTRY started AIRTEL BANK and these AIRTEL BANKS Services started at first at Rajsathan after that they started there projects in AP and Telangana also. 

In all these situations PAYTM CEO VIJAY SHAKAR SHARAMA announced that they got permission from RBI. Actually Paytm planned to start there services in 2016 but they waited for the permission but the permission came very lately.

From Next month Paytm, Payment bank going to start there services. With 400 crores Initial amount and paytm industry started two different services name as PAYTM BANKS LTD and PAYTM E-COMMERCE all the paytm wallet services are going run under PAYTM BANK  

PAYTM Going to start there services with RELIANCE and AIRTEL Industry as they got permission as BANKING Service status in the past month if BHIM App gets success which was released by Indian government paytm bank and mobile wallets may go down.