Home Posts tagged RBI stops Paytm Payments Bank from accepting deposits after Feb 29
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MUMBAI, JAN 31: The RBI on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024. The Reserve Bank’s action against Paytm Payments Bank Ltd (PPBL) follows a comprehensive system audit report and subsequent compliance validation report of the Continue Reading
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