Business & Economy

Vodafone India says has applied for Payments Bank licence

NetIndian News Network

New Delhi, February 3, 2015

Telecom services provider Vodafone India today said that it had filed an application with the Reserve Bank of India (RBI) for a Payments Bank licence.
"We are exploring options for partnerships. We are keen and remain highly committed to building a Financially Inclusive business model leveraging our Telco strengths and experience in the mobile payments space, fully aligned with the Government and RBI’s vision," a statement from the company added.
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