Chawla had joined PPBL in January last year following the payments bank's approval from the Reserve Bank of India.
The RBI clarified that after March 15, no further deposits, credit transactions, top-ups, or recharging of FASTags...
Bengaluru: The digital payment service in India, Paytm, said on Friday that it has agreed with its payment bank unit to...
The Reserve Bank has prohibited PPBL from accepting deposits and credits from any customer after March 15
If the request by Paytm is approved, the app could continue processing payments via UPI- unified payments interface
RBI has instructed the bank to ensure that customers can withdraw or utilise the balance amount in their accounts even...
Despite restrictions, customers can continue using their account balances without restrictions up to the available...
The directive was rooted in concerns of "persistent non-compliance" observed by the central bank.
The RBI last week ordered Paytm Payments Bank to halt taking new deposits in its accounts or popular digital wallets...
The RBI's ruling noted "persistent non-compliance and continued material supervisory concerns in the bank" that were...
The move towards AI integration is aimed at cutting costs, improving operational efficacy, and eliminating redundant...
The RBI said that the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the...
Goa Finance department has signed a Memorandum of Understanding with the Paytm app to avail the digital payment service.
Paytm witnessed an increase of 4 lakh devices in the month of June alone and 11 lakh devices in the second quarter of...
