RBI directs Paytm Payments Bank to stop onboarding of new customers

Last updated: 12 March 2022

Action against Paytm Payments Bank Ltd under section 35 A of the Banking Regulation Act, 1949 Reserve Bank of India, in exercise of its powers, inter alia, under section 35A of the Banking Regulation Act, 1949, directed Paytm Payments Bank Ltd to stop, with immediate effect, onboarding of new cus

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