These banks can, however, issue ATM cards, debit cards, net-banking, and mobile-banking. In keeping with these guidelines, Paytm Payments Bank is currently gearing up to launch its own debit card.

Earlier today, Paytm, via a separate filing, informed bourses that it has partnered with RBL Bank to offer its Soundbox and Card Machines to the bank’s merchant partners. The integration of the ...