Paytm Payments Bank registers over 970 million transactions in March 2021

Paytm Payments Bank (PPBL) said it registered over 970 million digital transactions in the month of March 2021, led by growth in transactions on Paytm Wallet, Paytm FASTag, Paytm UPI, and internet banking over the past several quarters.
 
PPBL is also averaging 1 million savings and current accounts a month, and with over 64 million accounts, the bank's total deposits have crossed over Rs 3200 crores. It is also rapidly gaining traction as a remitter bank for UPI payments. According to the National Payments Corporation of India data, PPBL has the lowest technical decline rate at 0.11 per cent