Financial News

Reserve Bank of India Halts Paytm Payments Bank from Accepting Deposits Post February 29.

In a significant move against Paytm Payments Bank (PPBL), the Reserve Bank issued a directive on Wednesday instructing the bank to cease accepting deposits or top-ups in customer accounts, wallets, FASTTags, and other instruments after February 29. The decision stems from persistent non-compliances and ongoing supervisory concerns, as stated by the central bank. Following the […]

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