Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 813)
813.
Paytm Payments Bank turns profitable in 2nd year with how much profit?
Answer: Option
Explanation:
Paytm Payments Bank announced it has turned profitable within its second year of operations, posting a ₹19-crore profit for the financial year 2018-19. It had reported a ₹20.7-crore loss for the financial year 2017-18. Paytm Payments Bank formally began operations in 2017 and claims to have over 19% of mobile banking transactions' market share as of March 2019.
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