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 ...

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 ...

RBI has allowed the payments bank to undertake other banking services, such as UPI facility and fund transfers, till March 15 The Apex Bank refused to extend the timeline for the termination of ...

On January 31, 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 ...

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 ...

Paytm parent One97 Communications on Friday said it has shifted its nodal account to Axis Bank from Paytm Payments Bank. This was declared in a regulatory filing. The move will allow continuity of ...

Vijay Shekhar Sharma has stepped down as chairman of Paytm Payments Bank after the bank reconstituted the board. According to the One 97 Communications Ltd (OCL), the parent firm of Paytm said ...

Paytm parent company One 97 Communications is planning to cut close to 20% of staff at its banking unit as there is uncertainty over its future due to the Reserve Bank of India's recent clampdown ...