Tag: RBI PaytmPaymentsBank DepositRestriction DigitalWallets FinancialRegulation
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“Paytm Witnesses 40% Drop in Shares Over 48 Hours Amid Apprehensions Surrounding RBI Directive”
In compliance with a directive from the Reserve Bank of India (RBI), Paytm Payments Bank has been instructed to cease the acceptance of new deposits into its accounts and widely used digital wallets starting from March. The regulatory decision signifies a measure aimed at ensuring adherence to specified guidelines and financial protocols.In Bengaluru, the shares…