RBI's Big Action Against Paytm Payments Bank; Can You Withdraw Your Money?
Wednesday, 31 January 2024 This recent move by the RBI follows its earlier order in 2022, directing Paytm Payments Bank to halt the acceptance of new customer accounts.
The Reserve Bank of India (RBI) imposes stringent restrictions on Paytm Payments Bank, prohibiting UPI services and deposits after February 29, 2024. Learn more about the regulatory actions and their impact on Paytm's banking operations in this update.
#PayTm #RBI #ReserveBankofIndia #UPI...
RBI orders Paytm Payments Bank to stop accepting money in customer accounts including wallets and prepaid instruments from March 1. The bank must also stop... IndiaTimes
The latest action from the RBI is a result of a Comprehensive System Audit report and a compliance validation report by external auditors, revealing persistent... Zee News