"RBI has given us an opportunity to create a new kind of banking model in the world," Vijay Shekhar Sharma, chairman of Paytm Payments Bank, said in a media release. Therefore, payments banks need to find other avenues to improve the yield on the assets made available to them from their depositors.Cross-selling opportunities also don’t sound too convincing. Payments banks is the game of men. For instance, Airtel Payments Bank offered free talktime. Shashi Arora, CEO of Airtel Payments Bank, says: "We are fully committed to the government’s vision of financial inclusion and banking for all."

Source: Economic Times May 27, 2017 18:30 UTC