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industrialfront

industrialfront

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Tag: RBI on Paytm Payments Bank

Posted inLatest News

Why RBI Restricts Paytm Payments Bank from accepting Customer deposits?

by Industrial FrontJanuary 31, 2024

Indian Banks regulatory authority Reserve Bank of India (RBI) bars Paytm Payments Bank from accepting deposits in the customer account from next month. RBI imposed this restriction on the platform on January 31, 2024. Also, the company cannot able to accept deposits in wallets or FASTages after February 29. The news went viral on the […]

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