Aircel may approach RBI for Payments Bank licence

rahul1117kumar

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Aircel plans to approach the Reserve Bank of India for a payment bank licence after completing the merger of Reliance Communications’ wireless business with itself, a top official said.

“We intend to approach RBI once this current thing (merger) is over. We do aspire to become a bank,” LV Sastry, business head for Aircel’s mobile banking and commerce business, told ET. “We’re trying to understand the value we can bring to our customers with this licence.”

Aircel may approach RBI for Payments Bank licence, Telecom News, ET Telecom
 
They were only left. :hehe
 
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