Paytm crisis: RBI has sown scepticism among payment cos & it may want to reconsider its position
Central banks are meant to ensure that regulated entities are financially sound and operationally secure. To this end, they must be as diligent in monitoring as swift in exercising punitive action; transparent with all stakeholders, including the public; and ensure they maintain market stability at all costs. In the case of PPB, RBI may have fallen a little short.
Source: indiatimes.com