Which services of Paytm will be affected from February 29 after RBI action?
The Reserve Bank of India (RBI) earlier this week took major action against Paytm Payments Bank Ltd (PPBL), the owner of Paytm, One97 Communications, citing “ongoing irregularities and ongoing significant regulatory issues”. It bars PPBL, which owns Paytm’s 330 million wallet accounts, from accepting deposits or recharges from any customer account, wallet, FASTag and other … Read more