Paytm in talks with 5 lenders including SBI, ICICI Bank: Report

Paytm is in talks with at least 5 lenders to rope in as a PSP (Payment Service Provider) bank, ET Now reported. The fintech firm is in talks with ICICI Bank, HDFC Bank, Axis Bank, Canara Bank and State Bank of India, among others, the report added. The new lenders will replace Paytm Payments Bank in UPI transactions.