The RBI had restricted Paytm Payments Bank from accepting deposits or facilitating credit transactions in customer accounts, including prepaid instruments and wallets. Paytm shares surged over 8 ...

Paytm Payment Bank was created with an aim to bring half a billion Indians into the mainstream economy. The bank has been designed to help achieve financial inclusion in the country. The bank shall ...

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 ...