Comments
Kishore Biyani, Group CEO, Future Group is getting ready to enter the business of payment banking.
“We are applying for a licence to get into payment banking as it is an underserved market and are hoping to qualify for it. The business of payment banking is tailor-made for us and we have done an internal survey to see how we can operate in this space with a business plan,’’ said Biyani, on the sidelines of launching a co-branded credit card with the largest public sector bank, SBI.
The largest retailer is expected to apply for a licence along with a slew of other retailers on January 6.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.