RBI removes Paytm Payments Bank from list of scheduled banks after cancellation of banking licence — What we know – FinSiddhi

RBI removes Paytm Payments Bank from list of scheduled banks after cancellation of banking licence — What we know

The Reserve Bank of India has removed Paytm Payments Bank from its list of recognised scheduled banks due to non-compliance with regulations. The bank’s licence, cancelled in April 2023, was deemed detrimental to depositors’ interests.
Read more at livemint.com

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.