India grants a consumer payments license to Paytm, which has until now operated under a license connected to its beleaguered affiliate, Paytm Payments Bank (Bloomberg)

Bloomberg:

India grants a consumer payments license to Paytm, which has until now operated under a license connected to its beleaguered affiliate, Paytm Payments Bank  —  – India grants troubled firm a consumer payments license  — New operating model needed as regulator’s restrictions kick in