RBI Imposes Major Restrictions on Paytm Payments Bank: Operations Limited Post-February 29
In a significant move, the Reserve Bank of India (RBI) has imposed major business restrictions on Paytm Payments Bank, effective from February 29. The regulatory action comes in response to persistent non-compliances and material supervisory concerns identified during a comprehensive external audit of the bank’s systems. RBI Imposes Restrictions on Paytm Payments Bank: Key Developments …