Paytm’s digital wallet will now be part of Paytm Payments Bank Ltd in keeping with the directions of RBI Paytm Payments Bank Ltd, an entity majority owned by One97 Communication founder Vijay Shekhar Sharma has received the final approval from the Reserve Bank of India on Jan 3 2017. Paytm, which is likely to launch with a pilot in parts of Uttar Pradesh, has already received investments of Rs220 crore from Sharma and One97. What will happen to PayTm wallets after Paytm becomes payment bank How to transfer Money from Paytm account back to your Bank account?.
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