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Tag Archives: RBI action

Paytm in Peril: Decoding the Paytm Crisis, RBI’s Ultimatum, and the Finance Minister’s Resistance – A Survival Blueprint Emerges

February 7, 2024

Paytm Payment Bank Latest Update: Challenges Amidst RBI Action In a recent turn of events, Paytm, the fintech giant, finds itself in a tight spot following the Reserve Bank of India’s (RBI) actions. With RBI ordering a halt on most of Paytm Payment Bank’s services from February 29th, the company ...

RBI’s Latest Move: Is Paytm Payments Bank Facing License Cancellation Again?

February 4, 2024

Paytm Payments Bank Violations: RBI Puts a Halt on New Customer Onboarding In recent developments, the Reserve Bank of India (RBI) has imposed restrictions on Paytm Payments Bank regarding the onboarding of new customers. This move has sparked concerns and controversies, raising questions about the future of the digital banking ...