Paytm forms joint venture general insurance firm; to invest Rs 950 crore in 10 years


Paytm forms joint venture general insurance firm; to invest Rs 950 crore in 10 years

Initially, One97 Communications (OCL) will hold a 49 per cent stake in PGIL while the rest 51 per cent stake is to be owned by OCL's managing director Vijay Shekhar Sharma-led VSS Holding Private Limited (VHPL).

Bank’s MD & CEO Mahabaleshwara MS said “This upward revision in deposit interest rate is in line with the market trend and is expected to encourage the public to invest more in our bank’s various term deposit schemes.”


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