Starting trouble for payments banks8 min read . Updated: 19 Oct 2016, 06:32 PM IST
Of the remaining eight from the original 11 who received payments bank licences from Reserve Bank of India (RBI), four are vague about their business plans
Mumbai: A year after the Reserve Bank of India (RBI) issued in-principle approvals to 11 payments bank applicants, only four have a clear business model in place to start operations in a realistic time frame.
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