Aditya Birla Idea Payments Bank

Paytm gets RBI approval to launch payments bank; may start operations next month

Paytm was earlier slated to begin operations around Diwali last year.

Aditya Birla Idea Payments Bank to launch in first half of 2017

Payments banks can accept deposits from individuals and small businesses up to a maximum of Rs 1 lakh per account.