Tag: Nuvo
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RBI Grants Payment Bank License To Paytm And 10 Others
The Reserve Bank of India (RBI) yesterday granted Paytm and 10 other entities to operate as payment bank. The other companies to receive the license includes Reliance Indutsries, Tech Mahindra, Idea Cellular, Aditya Birla Nuvo, Airtel etc. RBI said these approvals are valid for a period of 18 months, during which these applicants will have…