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Paytm Payments Bank services to stop next month including wallet, FASTag, etc

BGR India Wednesday, 31 January 2024
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 from late next month. The payment bank will also be blocking top-ups, customer accounts, prepaid instruments, wallets, FASTags, National Common Mobility Cards (NCMC), etc. This stringent step comes after it […]
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Video Credit: Oneindia - Published
News video: RBI Bars Paytm Payments Bank: UPI and Deposits Restricted | Oneindia News

RBI Bars Paytm Payments Bank: UPI and Deposits Restricted | Oneindia News 02:26

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...

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