Indian cenbank stops fresh business at Paytm Payments Bank

BENGALURU (Reuters) -The Reserve Bank of India (RBI) has ordered Paytm Payments Bank, an associate of One 97 Communications, to stop accepting fresh deposits in its accounts or popular wallets from March, in a major blow to one of the country’s largest payments firms.

Original article here

Leave a Reply

Your email address will not be published. Required fields are marked *