RBI Cancels Paytm Payments Bank Licence

RBI Cancels Paytm Payments Bank Licence

The Reserve Bank of India (RBI) has canceled the banking license of Paytm Payments Bank with effect from cessation of business on April 24, 2026. The bank is no longer allowed to carry out any banking activity with immediate effect. RBI will also approach the High Court to end the proceedings. The central bank said […]

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