Aditya Birla Idea Payments Bank will start operations in the first half of 2017. The bank is a 51:49 joint venture between Aditya Birla Nuvo and telecom company Idea Cellular. Idea Cellular chief corporate affairs officer Rajat Mukarji said the bank will be launched in the first half of 2017. In November, Airtel Payments Bank became the first payments bank to go live in the country with the rollout of its banking services in Rajasthan. Since then, it has expanded services to Andhra Pradesh and Telangana.
