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Paytm Payments Bank to offer risk-free insurance, MF products by June: MD

The Paytm Payments Bank has 4.4 crore savings bank accounts with a deposit of over Rs 400 crore

Paytm Payments Bank  |  Mutual Fund

Press Trust of India  |  New Delhi 

Paytm Payments Bank is planning to launch risk-free insurance and mutual fund products by June this year, the company's MD and CEO Satish Kumar Gupta said Wednesday. "We have got approval from the RBI very recently. We are working with our partners...

It would be a good business stream of revenue generation for us. We are planning to launch the services within the first quarter of the current fiscal... we will launch the services before June," Gupta told PTI on the sidelines of the bank's branch opening here. As on date, the Paytm Payments Bank has 4.4 crore ...

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First Published: Wed, April 03 2019. 17:11 IST