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Monday, May 23, 2022

Paytm payments bank expects RBI curbs to be lifted in 3-5 months

Paytm Payments Bank, which facilitates transactions on mobile commerce platform Paytm, expects the central bank to allow it to resume taking on new customers in the next few months, a top executive told Reuters.

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India Cements becomes subsidiary of UltraTech

UltraTech Cement has acquired a 55.5% stake in India Cements, making it a subsidiary. The acquisition adds 14.5 million tonnes of production...