Home Gadgets RBI Restricts Paytm Payments Bank From Taking New Deposits, Credit Transactions

RBI Restricts Paytm Payments Bank From Taking New Deposits, Credit Transactions

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The Reserve Bank of India on Wednesday restricted Paytm Payments Bank Ltd from taking fresh deposits and credit transactions across its services, due to non-compliance of regulations and supervisory concerns.The Reserve Bank of India on Wednesday restricted Paytm Payments Bank Ltd from taking fresh deposits and credit transactions across its services, due to non-compliance of regulations and supervisory concerns.