Payment bank facility will help reduce subscriber churn for the operators: Experts
With telecom operators like Vodafone and Bharti Airtel receiving nod for payment bank from RBI, experts suggest that the subscriber churn of these operators would reduce at a considerable rate. This is because the subscribers of these operators who opt for banking service are unlikely to switch the service provider as they enroll for banking service. The banking service, hence, proves as a new means for the telecom operators to... Read More