Hedge fund vetted at least a dozen deals in recent months.
The bank has 6.17 million credit cards in use, making it the fourth largest issuer in the country.
Walmart wants to use the lessons from PhonePe in other operations around the globe.
They also raised apprehension that the goods may be tampered with or counterfeited.
With these launches, Amazon will now have more than 50 FCs with more than 20 million cubic feet storage.
Amazon and Flipkart say they’ve complied with the rules and deny any wrongdoing.
We will put an institutional framework to bring out a national policy on e-commerce within next 12 months, an official said,
Binny Bansal sold about 54 lakh of equity shares worth Rs 531 crore to Walmart.
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