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ISSUE 47
18 / 06 / 2019
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Paytm Payments Bank ahead of major banks in digital transaction target

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Paytm Payments Bank ahead of major banks in digital transaction target
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MeitY set a target of 501.16 crore digital transactions for the financial year 2019-20 for Paytm. This is higher than the target set for HDFC and ICICI. Paytm surpassed the target of 354 crore transactions and recorded 393 crore digital transfers in FY 2018-19. Paytm Payments Bank said in a statement, it is only behind the State Bank of India, which has the highest target for digital transactions. Only five other banks have received a target of more than 100 crore transactions.

 

https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/paytm-payments-bank-ahead-of-major-banks-in-digital-transaction-target/69691364

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