
How Paytm Payments Bank came under RBI lens: 1,000 Accounts linked to 1 PAN and more – Times of India
[ad_1] Last week, the Reserve Bank of India (RBI) barred Paytm Payments Bank Ltd (PPBL) from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024. The regulatory actions include restrictions that essentially bring Paytm’s deposit operations in payments bank, wallets, FASTags, and National Common Mobility…