Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in. On Tuesday, when Tech Mahindra announced that it was dropping its plan to start a payments bank, thanks to the long payback time, it became the third licence holder, out of 11, to do so. Last week, a consortium of Dilip Shanghvi, IDFC Bank and Telenor Financial Services had given up its plan to set up a payments bank. In March, ... Rediff.com, 2 months ago
3 images for "macquarie securities bharti airtel"
on your WebpageAdd Widget >Get your members hooked!