Paytm Payments Bank is notably India's mobile-first bank with which you will be able to make online transactions at zero cost. You also need not keep a minimum balance to maintain a Paytm Payments Bank account, unlike most of the other bank accounts. The key motto of launching the Paytm Payments Bank is to build a new business model in the banking industry, notes Paytm. Paytm Payments Bank is a mobile-first bank with zero charges on all online transactions and no minimum balance requirement. Sketching the roadmap for Paytm Payments Bank, Sharma says it will work towards creating a massive number of jobs in the long run.

Source: India Today November 29, 2017 04:18 UTC