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EXPLAINER Paytm Payments Bank meltdown its meaning

Published: February 4, 2024

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Source: theweek.in

Paytm Payments Bank: The controversies and challenges ahead for India's fintech poster boy

Published: February 4, 2024

The RBI's action prohibits the bank from accepting further deposits, conducting credit transactions, or carrying out top-ups on customer accounts after February 29. Paytm wallet users will still be able to use their existing balance until it is exhausted, but they will not be able to add any more money to their accounts. The RBI's move comes after concerns were raised about money laundering and questionable dealings within the bank.

Source: indiatimes.com

Indian Railways train ticket: Step-by-step guide on how to use IRCTC eWallet to book train tickets

Published: February 3, 2024

Indian Railway ticket booking: Indian Railway Catering and Tourism Corporation (IRCTC) has an service called 'eWallet' using which an individual can book train tickets either on the IRCTC app or IRCTC website. Earlier the eWallet had an registration fee however as of February 3, 2024 there is no registration fee to be paid for eWallet by IRCTC.

Source: indiatimes.com

Paytm's turbulent journey: CEO Vijay Shekhar Sharma battles regulatory crisis

Published: February 3, 2024

India Business News: India's startup icon Vijay Shekhar Sharma faces a severe regulatory crisis as Paytm's valuation plunges by $2 billion due to restrictions imposed by t

Source: indiatimes.com