We are pleased to announce that Paytm Payments Bank Limited (PPBL) has been honoured with the 'Platinum' award at the Infosys Finacle Innovation Awards 2023. The award is an honour in the category of ESG led innovation. In line with this year's theme of 'Inspiring Better Banking', we have created unrivalled value for our customers, employees, investors and the wider community through our cutting-edge innovation strategy. We are widely recognised as one of the most impactful innovations of any bank. :- www.deekpay.com

We are pleased to announce that Paytm Payments Bank Limited (PPBL) has been honoured with the 'Platinum' award at the Infosys Finacle Innovation Awards 2023. The award is an honour in the category of ESG led innovation. In line with this year's theme of 'Inspiring Better Banking', we have created unrivalled value for our customers, employees, investors and the wider community through our cutting-edge innovation strategy. We are widely recognised as one of the most impactful innovations of any bank.

We have the largest scale amongst all licensed payment banks in the mobile transaction space. We consistently lead all major Indian banks in UPI transaction success rates. Thanks to our robust in-house technology infrastructure and highly optimised and customised Finacle application, we have the lowest technology rejection rate in the industry.

Our unique products and services are contributing immensely to environmental protection by reducing paper consumption since inception. In the UPI space, the Bank leads in P2M (Person to Merchant) transactions with the largest number of merchant partners. We continue to lead in the UPI space as the largest beneficiary bank, acquiring bank and a leading remittance bank.

We are also deepening financial inclusion by enrolling street vendors in the Prime Minister's Street Vendor Self Reliance Fund (PM SVANidhi) programme and helping them accept digital payments. In FY2022 alone, we have enrolled over 35,000 street vendors under the PM SVANidhi programme. Our bank-led model, Aadhaar-based Payment System (AEPS), allows for online interoperable financial inclusion transactions at PoS through Aadhaar authentication from any bank's business counterpart.

We strongly believe that rural women can be empowered by providing them with livelihood opportunities and respect for working in their communities. Through this model, we provide technology-rich banking solutions to people in rural areas, including free zero-balance savings accounts, free fund transfers, instant debit cards, AEPS and other free services. We also address urgent financial needs and provide home banking services to senior or disabled citizens.

We are the largest enabler of digital payments in the country, driven by merchant payments and penetration in smaller cities and towns. Customers and merchants are increasingly preferring to use our bank to send and receive funds through UPI, thanks to our superior in-house technology, which ensures the fastest payment speeds and highest success rates.

Our banking solutions are dedicated to reaching new heights in scale and performance, while always focusing on customer experience, data protection and security. This award inspires us to achieve our goals in the areas of leadership, innovation, development and growth.