India: Paytm Payments Bank in talks to partner full-service banks

India: Paytm Payments Bank in talks to partner full-service banks

Advertisements of Paytm, a digital wallet company, are seen placed at stalls of roadside vegetable vendors in Mumbai, India, November 19, 2016. REUTERS/Shailesh Andrade

Paytm Payments Bank is in talks to partner with full-service banks to offer services such as loans and term deposits which it cannot do on its own due to regulatory restrictions, its chief executive told Reuters.

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