When this Paytm PB will become Small finance bank?

[asahi]

I mean it's long due, why they're not going for it, it would do good for customers, like easy credit card approvals, instead of depending of Co Branded Cards like Hdfc & Sbi, same goes for Airtel Payments Bank

 

[sxchzy]

Unke haath me nahi hai approval milna chahiye
Paytm has Chinese investors due to which RBI is hesitant in approval

 

[varun__goel_]

I mean it's long due, why they're not going for it, it would do good for customers, like easy credit card approvals, instead of depending of Co Branded Cards like Hdfc & Sbi, same goes for Airtel Payments Bank

They are not even allowed onboard new customers, how could they think of becoming a SFB.

 

[D₹V]

They are not even allowed onboard new customers, how could they think of becoming a SFB.

Harkatein hi aisi hain, hona hi tha 😎.

 

[gigachad]

I mean it's long due, why they're not going for it, it would do good for customers, like easy credit card approvals, instead of depending of Co Branded Cards like Hdfc & Sbi, same goes for Airtel Payments Bank

Though they haven't started new account opening..

 

[Sahilhenzy]

I mean it's long due, why they're not going for it, it would do good for customers, like easy credit card approvals, instead of depending of Co Branded Cards like Hdfc & Sbi, same goes for Airtel Payments Bank

SFB banks are not allowed to sanction credit cards until they have special approval from RBI.

 

[FinoGuy]

Being a payments bank they got so much masala.
Imagine how much masala it would be if it's been made proper bank

 

[praveensudhakaran]

This thread can be considered as closed. 😜