The Reserve Bank of India has revoked the banking licence of Paytm Payments Bank, effective April 24, 2026, citing persistent ...
AAP leader Raghav Chadha resigns from the party, according to reports, marking a significant political development within the ...
RBI on Friday said it has cancelled the banking licence issued to Paytm Payments Bank Limited. With this, Paytm Payments Bank ...
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India’s central bank, RBI, has cancelled the licence of Paytm Payments Bank Limited, effectively shutting down one of the ...
The central bank said that Paytm Payments Bank has enough liquidity to repay its entire deposit liability upon winding up of ...
Paytm clarifies it has no ties to Payments Bank after RBI revoked its license, asserting PPBL operates independently.
Reassuring stakeholders, Paytm said its services have been operating without interruption and will continue to do so, underlining that the RBI's action should be viewed strictly in the context of PPBL ...
The RBI has revoked the banking licence of Paytm Payments Bank due to non-compliance with regulatory norms. As a result, the bank faces winding up proceedings and cannot conduct banking operations.
The central bank said that Paytm Payments Bank has enough liquidity to repay its entire deposit liability upon the winding up ...
The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank Limited with effect from the close ...
Latest stories by Rashmi Menon. Rashmi Menon writes for ETRetail.com and gives views & updates on the Indian Retail industry.