Tag: PaytmPaymentsBank
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Paytm explained regarding the RBI order, outlining the impact on Paytm Users both presently & after Feb 29th.
Paytm has issued a response to the recent directive from the Reserve Bank of India, which entails a set of limitations on the company’s diverse range of services. This directive will have an impact on Paytm Wallets, Paytm FASTags, fund transfers, and other associated functionalities. Let us now explore the implications of these restrictions on…
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“The RBI’s Impact on Paytm’s Banking Operations”
Following an order from the RBI, Paytm Payments Bank is required to discontinue the acceptance of fresh deposits in its accounts or popular wallets starting from February 29, 2024. New Delhi: Paytm Payments Bank has been directed by the Reserve Bank of India (RBI) to cease accepting fresh deposits in its accounts or popular wallets…