RBI cancels Paytm Payments Bank's licence, citing detrimental management practices and non-compliance with banking ...
RBI cancels Paytm Payments Bank's license due to compliance failures, reducing India's payments banks to five.
The RBI has cancelled the licence of Paytm Payments Bank over serious compliance violations and governance concerns. The bank ...
RBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
RBI has cancelled Paytm Payments Bank's banking licence effective April 24, barring all banking operations while confirming ...
The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank due to non-compliance with ...
The RBI found that Paytm Payments Bank failed to comply with key provisions of the Banking Regulation Act, 1949. Specifically ...
India’s central bank, RBI, has cancelled the licence of Paytm Payments Bank Limited, effectively shutting down one of the ...
The regulator added that “no useful purpose or public interest would be served by allowing the bank to continue”, and said ...
Backed by One97 Communications, Paytm Payments Bank secured a limited banking licence in August 2015 to take small deposits ...