Tag Archives: RBI restrictions

“Deadline Today for Paytm Payments Bank: Services Set to Cease Operations”

Paytm Payments Bank Services to Cease Today as Deadline Arrives

Customers of Paytm Payments Bank Ltd (PPBL) are facing a significant change today as the deadline set by the Reserve Bank of India (RBI) arrives. Following serious rule violations, the RBI imposed restrictions on PPBL, leading to the discontinuation of several key services. Paytm, a prominent player in India's fintech sector, is advising its digital payment users to seek alternative banking solutions due to these developments.

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