YourStory

RBI removes Paytm Payments Bank from list of scheduled banks

In April this year, the Reserve Bank of India had cancelled the banking licence issued to Paytm Payments Bank for non-compliance with norms, saying affairs of the bank were conducted in a manner detrimental to the interest of its depositors.

By YourStory

1 min read
RBI removes Paytm Payments Bank from list of scheduled banks
AI-generated illustration

Got news to share with the events industry?

Submit a press release or story tip and reach thousands of event professionals.

Get in touch→

More in Startups & Entrepreneurship

Related Insights