Morning Brief Podcast: Paytm a 'Touch Me-Not' after RBI clampdown?
Paytm Payments Bank is set to come to a grinding halt as the RBI halts almost all services, citing persistent non-compliance and ongoing supervisory concerns. Late into the night at 1:30 am, One97 issues a press release, pivoting away from the payments bank arm. However, can the company pivot from the punishment imposed by the RBI? What will happen to the 330 million+ customers at Vijay Shekhar Sharma’s payment arm? What caused this significant clampdown, and did Paytm have it coming? Will len...
Source: indiatimes.com