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

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  • Published On: May 23, 2017
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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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