Paytm Axis Bank News: Paytm is facing a deep crisis, so the owners of Paytm are looking for a different way. So that Paytm can be revived. Presently the name of Paytm is disappearing from the market. People are afraid to use Paytm.
But the CEO of Axis Bank has said one good thing about Paytm. In fact, Axis Bank owner Amitabh Chaudhary has said that if the Reserve Bank allows us to work with Paytm, we are ready to work with it.
Paytm Axis Bank News
Amidst the deep crisis at Paytm, leading private sector bank Axis Bank has come forward. Axis Bank CEO Amitabh Chaudhary has said that Axis Bank is interested in working together with Finch Farms. The bank has said that it is ready to work together with Paytm if it gets permission from the Reserve Bank of India (RBI). Let us tell you that Reserve Bank (RBI) is the booking entity of Paytm. Orders have been issued to start the services of Paytm Payment Bank from 29th February.
Big news for Paytm lovers, Axis Bank with Paytm.
In fact, let us tell you that about 75 percent of all transactions and monetary value of all transactions by users on its popular application are made through users using UPI. Its parent company One 97 Communication Limited operates the Paytm brand as UPI UP and has no affiliation with any other commercial bank as of now.
According to a report published on Business Today, Axis Bank MD and CEO Amithab Choudhary has shown interest in working with Paytm during an event.
Axis Bank CEO said this
We tell you all that Axis Bank CEO Amitabh Chaudhary has said that if the authorization from Reserve Bank of India allows us to work with Paytm, then we will definitely work with them. Because it is the most important player in this sector which is an old player and Arjun Chaudhary, Group Executive, Affluent Banking, NRI, Cards and Paytm, Axis Bank, says that now on January 31, the Reserve Bank had taken action against Paytm. . After this the bank is discussing business with Paytm.