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We don't want to fight war on interest rates with banks: Paytm's Shinjini Kumar

We don't want to fight war on interest rates with banks: Paytm's Shinjini Kumar

Thu, Jun 09, 2016

Paytm payments bank's chief executive-designate Shinjini Kumar, who just joined the bank from consultancy major PwC, explained that it is "counter intuitive" for a payments bank to offer higher interest rates as it has restrictions on how it uses the deposits.

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