Vijay Shekhar Sharma-led Paytm's parent company is likely to onboard India's largest private sector bank, HDFC Bank, as its third partner. According to a Moneycontrol report, the partnership aims to migrate merchants previously onboarded by Paytm Payments Bank Limited (PPBL) onto the Paytm platform. Axis Bank and Yes Bank have already been signed by Paytm as merchant acquiring partners.