The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank with effect from the close of business on April 24, 2026
The bank is no longer allowed to carry out any banking activity with immediate effect
The central bank said the company has enough liquidity to repay all its depositors during the winding up process
The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank with effect from the close of business on April 24, 2026.
The bank is no longer allowed…

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