Paytm Action News Today

Governor Das emphasized the RBIs reliance on bilateral engagement with regulated entities, focusing on nudging them towards corrective actions.

The note, signed by startup founders including Policybazaars Yashish Dahiya, Bharat Matrimonys Murugavel Janakiraman, Makemytrips Rajesh Magow and Ritesh Malik of Innov 8 said the RBI order would have a far-reaching impact on the ecosystem than just on Paytm as a company. The founders requested the regulator to reassess "the proportionality of restrictions".