MUMBAI: The RBI on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024.

the Reserve Bank of India (RBI) imposed major business restrictions on Paytm Payments Bank Ltd (PPBL), including a bar on accepting fresh deposits and credit transactions after February 29.

He was directed to approach the RBI to ‘sort out the matter ... including UPI facilities and fund transfers, post February 29, 2024. The aftermath saw Paytm shares hit lower circuit on ...

Earlier this evening, the RBI extended the deadline for Paytm Payments Bank Ltd (PPBL) to March 15 from February 29 from stop accepting fresh deposits and do credit transactions. It said Paytm ...

Paytm had also received foreign direct investment from overseas investors without following proper pricing guidelines stipulated by RBI, the ED said. Paytm's unit, Little Internet, had also received ...

Meanwhile, hinting at Paytm Payments Bank, RBI governor Shaktikanta Das said ... like UPI facilities and fund transfers after February 29, 2024. While there is no clear clarity on the impact ...

(Reuters) -India's financial crime fighting agency said on Monday its investigation revealed that payment services provider Paytm and its units had violated the country's Foreign Exchange ...

The RBI on Friday asked Paytm Payments Bank to stop opening new accounts amid “material supervisory concerns” observed in the bank. “Reserve Bank of India has today, in exercise of its ...

"We haven't made any communication. They are maintaining some accounts with us," Dinesh Khara said Chairman of country’s largest lender, Dinesh Khara on February 3 said the State Bank of India ...