Aircel may approach RBI for payments bank licence
Wednesday, April 19, 2017, 1:31 PM
Aircel plans to approach the Reserve Bank of India for a payments bank license after completing the merger of Reliance Communications’ wireless business with itself, a top official said. “We intend to approach RBI once this current thing (merger) is over. We do aspire to become a bank,” LV Sastry, business head for Aircel’s mobile banking and commerce business, said.