RBI Cancels Paytm Payments Bank Licence, Cites Regulatory Non-Compliance
The Reserve Bank of India (RBI) has cancelled the banking licence of the Paytm Payments Bank Limited and effectively ended the its ability to operate as a bank. This decision is comes after the years of regulatory concerns and the repeated non-compliance. The central bank has also announced that it will approach the High Court … Continue reading RBI Cancels Paytm Payments Bank Licence, Cites Regulatory Non-Compliance
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