RBI cancels Paytm Payments Bank licence; Paytm now in FNO

[Amitabh]

[Prem]

Is it still active? I thought it was cancelled ages ago.

[Lavanya]

Payments banks were a flawed concept. On one hand there's a merger, and on the other they're still handing out banking licences.

[Prem]

India Post Payment Bank is doing fine.

[Anirudh]

Looks like it's time to buy some electrical bonds, I guess.