The Reserve Bank of India (RBI) on Friday scrapped the banking licence issued to Paytm Payments Bank Limited, more than two years after barring it from accepting deposits or top-ups. The move ...
India's leading payments app, Paytm (One 97 Communications Ltd), said the Reserve Bank of India's action on Paytm Payments Bank Ltd (PPBL) has no financial or business impact on the company, ...
Paytm (One 97 Communications Limited), which had floated the Paytm Payments Bank Ltd (PPBL), has distanced itself from its payments bank, calling it a “separate entity” after the Reserve Bank of India ...
The Reserve Bank of India (RBI) has cancelled the banking licence issued to Paytm Payments Bank Ltd., more than two years after the regulator imposed business curbs over violations, including lapses ...
The central bank said in its statement, the Paytm Payments Bank failed to comply with the conditions stipulated in the Payments Bank licence issued to it. The licence was cancelled effective from the ...
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In a major regulatory move, the Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank. The central bank confirmed the decision in an official statement, stating that the ...
It is curtains for Paytm Payments Bank Ltd (PPBL). The Reserve Bank of India (RBI) has cancelled its licence with effect from the close of business on April 24, 2026. The central bank cited PPBL's non ...
The Reserve Bank of India’s decision to cancel the banking licence of Paytm Payments Bank marks the formal end of a regulatory process that had already rendered the entity largely inactive over the ...
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