India's Paytm Payments Bank granted status upgrade

Paytm Payments Bank, a niche bank that cannot lend on its own, had more than 64 million savings accounts and over 52 billion Indian rupees ($688.5 million) deposits, including savings accounts, current accounts and fixed deposits with partner banks at the end of March this year.

from Banking/Finance-Industry-Economic Times https://ift.tt/3pJr1JN