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 ...

On March 11, 2022, the RBI barred Paytm Payments Bank from taking on ... NCMC cards, etc., after February 29, other than any interest, cashbacks or refunds that may be credited anytime, the ...

And we believe that the RBI must have taken the action ... such as UPI facility and fund transfers, after February 29. Immediately after the announcement, Paytm’s stock nosedived and hit the ...

On January 31, the RBI issued an order that barred Paytm Payments Bank from undertaking any deposits and offering UPI facility and fund transfers post February 29 (later extended to March 15 ...

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 ...

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 ...

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 ...

New Delhi: The Reserve Bank of India (RBI) has announced that starting from February 29, 2024, Paytm Payments Bank Ltd (PPBL) won't be allowed to accept deposits or top-ups in customer accounts ...