India's One97 to split e-commerce, payments businesses - report
Indian mobile services One97 Communications will spin off its electronic payment service Paytm into a separate entity under One97's co-founder Shekhar Sharma.
Sharma told Livemint that the new unit, Paytm Payment Bank, will handle all of the existing company's payments business including the Paytm mobile wallet. One97's wallet license will be transferred to...
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