Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 1545)

2017-04-29 Business

1545.

Paytm will invest this much of amount in its banking and financial services for the next three years.

Rs 15,000 crore

Rs 10,000 crore

Rs 25,000 crore

Rs 20,000 crore

Answer: Option

Explanation:

The Noida-based company, Paytm will invest Rs 10,000 crore in its banking and financial services for the next three years and hopes to get the final approval for its payments bank operations. Payments banks can accept deposits from individuals and small businesses of up to Rs 1 lakh per account.