RBI Limits Paytm Payments Bank's Functions, Highlighting Compliance Concerns Timesnews24.in

RBI Limits Paytm Payments Bank’s Functions, Highlighting Compliance Concerns

The Central Bank of India (RBI) has taken a substantial measure by restraining Paytm Payments Bank Ltd from receiving deposits, facilitating credit transactions, or supporting top-ups in customer accounts or linked prepaid tools, such as wallets and FASTags, post-February 29. Nevertheless, customers can still leverage balances in their accounts, comprising savings and current, “freely (and)…

Read More