India’s central bank punishes Paytm Payments Bank with new curbs

The Reserve Bank of India issued new curbs against Paytm’s Payments Bank, which processes transactions for financial services giant Paytm, barring it from offering many banking services including accepting deposits, credit transactions, top-ups in customer accounts, prepaid instruments and wallets after February 29. Wednesday’s move follows the Indian central bank ordering Paytm Payments Bank to […]

https://techcrunch.com/2024/01/31/rbi-paytm-payments-bank-penalty/

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India’s central bank punishes Paytm Payments Bank with new curbs

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