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Paytm Payment Bank customers should make arrangement for salary credit before March 15: RBI FAQ

After March 15, 2024, you will not be able to receive any such credits into your account with Paytm Payments Bank. It is suggested that you make alternative arrangements with another bank before March 15, 2024, to avoid inconvenience,” RBI said in FAQ ....

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RBI releases FAQs after action against Paytm Payments Bank

RBI released the FAQ on the Paytm Payments Bank today. This comes after the RBI Governor had announced that the FAQ will help address concerns of all stakeholders ....

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Auto debit mandates of EMI to continue till available balance in Paytm Payments Bank

The central bank in its FAQ released on February 16 suggested that alternative arrangements be made for setting up EMI payments through another bank before March 15 to avoid inconvenience ....

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RBI implies that a sponsor bank will be allowed to step in for Paytm

This was gleaned from RBI s latest FAQs; market sources told Moneycontrol that the bank names are likely to be announced next week. The stock was up 5 percent today. ....

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RBI FAQ: No concessions to Paytm Payments Bank; deadline on restrictions extended till March 15

The RBI has extended the deadline for Paytm Payments Bank by two weeks. If the regulator doesn’t lift the curbs on the payments bank by March 15, it will likely become dormant without permission to accept fresh deposits or do credit transactions ....

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