Reliance Jio May Launch Its Payments Bank In December
After launching the Jio Payments Bank, Reliance Jio will join the likes of Airtel which launched the first Payments bank in India and the recently launched Paytm Payments Bank. According to the reports, the Mukesh Ambani owned firm received in-principle approval from RBI to launch a payments bank back in August 2015. According to a report published in Mint, three people familiar with the matter told that Reliance had initially planned its launch to coincide with the delivery of its 4G-enabled Jio Phone in October....