For us, payment bank is nothing but normal bank just that we can not keep more than 1lakh in it.
It may / may not have real branch in our area
It can offer debit cards, netbanking etc.
It can not offer loans, credit card.
I have a feeling that Paytm is going to fail horribly because RBI has too much restrictions.
It may / may not have real branch in our area
It can offer debit cards, netbanking etc.
It can not offer loans, credit card.
I have a feeling that Paytm is going to fail horribly because RBI has too much restrictions.