PayTM Bank: public notice

PayTM is owned by One97 Communication Limited but now PayTM is going to change the owner ship to PayTM Payments Bank Limited aka PPBL from 23rd May 2017.

Now All PayTM Wallets get upgraded or converted into Payments Bank launched by PayTM automatically.

PayTM Circulates Public Notice.

1) PayTM Payments Bank Limited PPBL Launched in India
2) RBI approved final Payments Bank licence to PayTM this week
3) PayTM Public Notice: Operation going to launch in the month of May
4) 15% Interest Per Annum ? Let's see what PayTM provide.
5) Paytm Payments Bank Operations to Begin on May 23
6) AIRTEL Payment Bank VS PayTM Payment Bank

I will not be surprised if PayTM will launch an IPO for its bank.

I have observed the growth of PayTM after demonization in India. Where ever you go PayTM follows you. Shops, Malls, etc.

Moreover, PayTM has invested a lot in gaining faith of a customer. I must agree that its services are seamless when things comes to pay via PayTm.