11 entities get payments bank licences

The Reserve Bank of India gave 'in-principle'approval for 11 entities including, g • Reliance Industries • Aditya Birla Nuvo • Paytm • Vodafone • Airtel • Department of Posts • Cholamandalam Distribution Services •Tech Mahindra • National Securities Depository Limited (NSDL) • Fino Pay Tech and • Sun Pharma’s Dilip Shantilal Shanghvi.