SBI may take a relook at Jio Payments Bank venture3 min read . Updated: 17 May 2022, 06:04 AM IST
The payments bank model faces several hurdles and has not taken off as intended by the central bank
MUMBAI : State Bank of India (SBI) is likely to reconsider continuing as a partner in the Jio Payments Bank joint venture with Reliance Industries Ltd if the payments bank fails to develop a business plan to start full-fledged operations, an official aware of the matter said.
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