What the RBI FAQs mean for Paytm and its users: Said and Unsaid
It is effectively curtains for Paytm Payments Bank per the RBI FAQs but there is some good news for One97 Communications. Read on
Source: moneycontrol.com
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How to deactivate Paytm FASTag and buy new one online: Step by step guide
Paytm FASTag: Users will be able to close their old FASTag and request for a refund, as per frequently asked questions (FAQs) announced by the RBI.
Source: hindustantimes.com
RBI FAQs on Paytm: Know bill settlement, wallet usage rules linked to Paytm Payments Bank after March 15
The Reserve Bank of India (RBI) on Friday extended the timeline for services linked to Patym Payments Banks to March 15 from the previous deadline of February 29.
Source: businesstoday.in
RBI issues FAQs on Paytm Payments Bank: FASTags to wallet, you can use available balance beyond March 15 deadline
Last month, the RBI had barred Paytm Payments Bank from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, FASTags and NCMC card after February 29, 2024 in the wake of persistent non-compliances and material.
Source: indianexpress.com
Amid Opposition From Unions, RBI Says Compromise Settlement With Wilful Defaulters Not New
While some reports had said that wilful defaulters can now get a new loan after 12 months of executing a compromise settlement, the RBI said this was not the case.
Source: thewire.in