Now, the Paytm customers will be able to open bank accounts, deposit cash and withdraw money through the offline distribution network. The firm also shared its plans to invest Rs 3000 crore over the next three years to expand these offline-distribution networks. At present, Paytm plans to add 100,000 "Paytm ka ATMs" across the country. In the first phase, Paytm has started with 3,000 "Paytm Ka ATM" points in select cities including Delhi-NCR, Lucknow, Kanpur, Allahabad, Varanasi and Aligarh. Paytm Payments Bank is the country's largest mobile- first, technology-led bank.

Source: dna December 05, 2017 08:19 UTC