Payments Banks Struggle To Get Deposits Into Bank Accounts
A man speaks on a mobile phone as signage for digital payment services Paytm, operated by One97 Communications Ltd., top left, JD Pay, operated by Just Dial Ltd., top right, and Airtel Payments Bank Ltd., operated by Bharti Airtel Ltd., are displayed at a store selling electronics in Bengaluru, India. (Photographer: Dhiraj Singh/Bloomberg)

Payments Banks Struggle To Get Deposits Into Bank Accounts

Nearly a year after the first payments bank started operations, this special category of banks has struggled to draw depositors. Payment banks were intended primarily to provide payment and remitta...
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