RBI Stops Paytm Payments Bank From Accepting Deposits After Feb 29

Credit: Zee News- Published on January 31, 2024
 Today, January 31, the Reserve Bank of India (RBI) placed restrictions on Paytm Payments Bank Ltd (PPBL). Starting from February 29, PPBL is not allowed to accept deposits or top-ups in any customer account, wallets, and FASTags.

Video credit: Oneindia
Published on January 31, 2024 -  02:26
RBI Bars Paytm Payments Bank: UPI and Deposits Restricted | Oneindia News
The Reserve Bank of India (RBI) imposes stringent restrictions on Paytm Payments Bank, prohibiting UPI services and deposits after February 29, 2024. Learn more about the regulatory actions and their impact on Paytm's banking operations in this update. #PayTm #RBI #ReserveBankofIndia #UPI #PaytmPayments #BankingNews #Finance #Business #DigitalPayments #OnlinePayment #Oneindia ~HT.292~GR.123~ED.194~PR.274~

You are here

Related news from verified sources

Paytm faces restrictions by RBI, barring funds acceptance in Paytm Payments Bank due to compliance issues; FASTags and wallet deposits prohibited.
on January 31, 2024 • Zee News

You might like