Paytm Payments Bank in limbo: India's RBI hits Paytm Payments Bank
Edited By WION Video Desk
Published: Feb 01, 2024, 04:25 IST | Updated: Feb 01, 2024, 04:25 IST
India's Central Bank has dropped the hammer on Paytm Payments Bank. In a move prompted by supervisory concerns, the central bank has imposed stringent restrictions on the digital banking giant. This means Paytm can no longer accept new deposits, credit transactions, or top-ups in any accounts after February 29th.
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