RBI Stops Paytm Payments Bank From Accepting Deposits After Feb 29
Wednesday, 31 January 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.
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.
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The Reserve Bank of India (RBI) on Wednesday announced a ban on Paytm Payments Bank Ltd (PPBL) from accepting deposits or facilitating any credit transactions... BGR India
Paytm faces restrictions by RBI, barring funds acceptance in Paytm Payments Bank due to compliance issues; FASTags and wallet deposits prohibited. Zee News