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Earlier, the RBI disallowed the Paytm subsidiary from accepting further deposits, top ups or credit transactions into its operated wallet or accounts from February 29.
The Reserve Bank of India (RBI) has extended by 15 days to March 15 the deadline after which Paytm Payments Bank Ltd is barred from accepting deposits. The last date fixed earlier was February 29.The RBI said that the extension has been given ...
The Reserve Bank of India (RBI) has extended the deadline to 15 March 2024, after which Paytm Payments Bank Ltd is barred from accepting deposits. The last date fixed earlier was 29 February 2024. RBI also released FAQs to help customers understand the implications of its restrictions on Paytm Payments Bank.
The Reserve Bank of India (RBI) has extended by 15 days to March 15 the deadline after which Paytm Payments Bank Ltd is barred from accepting deposits. The last date fixed earlier was Feb 29.
More payment banks are likely to face regulatory action on allegations of money laundering, following the recent RBI crackdown on Paytm. This and more in today's ETtech Top 5.