Axis Bank Offers: In this time of crisis, Axis Bank has extended a helping hand to Paytm. Axis Bank MD and CEO Amitabh Chaudhary has said that it will open its doors to Paytm Payments Bank if it gets approval from the Reserve Bank of India (RBI).Ready to work with Paytem Payments Bank. First HDFC Bank (HDFC Bank’s Parag Rao also confirmed the talks with Paytm. He had said that banks are keeping an eye on the Paytm issue. We are fully focused on the developments in this matter. Earlier on Monday, RBI Governor Shaktikanta Das had made it clear that the central bank would not reconsider its decision.
Ready to work as per RBI.
Amitabh Chaudhary said on Monday that he is ready to work with Paytm. However, this is subject to regulatory approval. If we get a yes from RBI, we would definitely like to work with Paytm Payments Bank. Private Sector Bank CEO Chowdhury said that Payments Bank is a leading company in this sector. He spoke in this regard while launching the Hurun India 500 list prepared by Hurun and Axis Bank. Huron India and Axis Bank have made it to the list of influential companies in the country.
In talks with Paytm.
On this occasion, Axis Bank Group Executive Arjun Chaudhary said that discussions are on with Paytm. However, this discussion was taking place regarding general business. But, after January 31, things have changed. Since then, the tone of the conversation has changed. The RBI has banned any money deposits on Paytm Payments Bank from February 29. Due to which the company is feared to be out of business.
HDFC Bank has also expressed its desire.
Recently HDFC Bank’s Parag Rao expressed his desire to work with Paytm Payments Bank. He said that HDFC Bank is monitoring all the changes. Discussions are also being held with Paytm in this regard. He said that after the RBI decision, the number of users on the HDFC Bank app is increasing rapidly.
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