India  
 
NewsR.in

Paytm Payments Bank barred from selling fresh FASTags

IndiaTimes Thursday, 25 January 2024
Indian Highways Management Company (IHMCL), the arm of NHAI, has barred Paytm Payments Bank from issuing fresh FASTags and taking up new toll plazas due to non-compliance. IHMCL seeks a response from the bank on why it should not be penalized. The decision won't affect existing FASTag customers. Other entities may face similar action in the future.
0
shares		ShareTweetSavePostSend
 

You Might Like


💡 newsR Knowledge: Other News Mentions

National Highways Authority of India National Highways Authority of India Agency for construction & management of Highways in India

Delhi-Dehradun expressway: Travel time to be reduced to 2.5 hours, Akshardham to EPE stretch set to open before...

 Under the Bharatmala Pariyojana effort, which aims to improve India's road network, the National Highway Authority of India (NHAI) is leading this huge project,..
DNA

NHAI gave ‘undue benefit’ of Rs 203 crore to developers of 4 highway projects in Maharashtra, finds CAG

 The Comptroller and Auditor General (CAG) uncovered that the National Highways Authority of India (NHAI) granted undue benefits exceeding ₹203 crore to highway..
IndiaTimes

NHAI to roll out route patrolling vehicles for quicker aid & maintenance

 NHAI launched "Rajmarg Saathi" patrol vehicles with advanced tools for improved highway maintenance. Equipped with AI-powered dashboard cameras for detecting..
IndiaTimes

Related videos from verified sources

RBI Bars Paytm Payments Bank: UPI and Deposits Restricted | Oneindia News [Video]

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..

Credit: Oneindia     Duration: 02:26Published

Related news from verified sources

FASTags with incomplete KYC to be blacklisted after January 31

 NHAI warns that all incomplete KYC FASTags will be deactivated by banks after January 31, regardless of balance. NHAI estimates that out of the 7 crore issued...
IndiaTimes Also reported by •DNA •BGR India

Up to Rs 5 lakh 'bond' for NHAI recruits

 The National Highways Authority of India (NHAI) on Tuesday made it mandatory for candidates recruited directly to provide "service bond" of up to Rs 5 lakh which...
IndiaTimes

NHAI to bring sweeping changes in PPP projects to attract private investment

 To incentivize increased private investment, the National Highways Authority of India (NHAI) is instituting comprehensive revisions to contract conditions. A new...
IndiaTimes