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₹800 Crore Remains Frozen at Paytm Payments Bank Two Years After RBI Restrictions
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Sat, 25 Apr 26Sat, 25 Apr 26BREAKING NEWS, BUSINESS, INDIA

₹800 Crore Remains Frozen at Paytm Payments Bank Two Years After RBI Restrictions

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Nearly two years after regulatory restrictions halted the core operations of Paytm Payments Bank, an estimated ₹800 crore remains stuck within the system, raising fresh concerns about unresolved financial liabilities and the long tail of regulatory intervention in India’s fintech sector. The situation stems from the Reserve Bank of India’s decisive action in early 2024,...

RBI Cancels Paytm Payments Bank Licence: Regulatory Violations Lead to Major Fintech Setback
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Fri, 24 Apr 26Fri, 24 Apr 26BUSINESS, INDIA

RBI Cancels Paytm Payments Bank Licence: Regulatory Violations Lead to Major Fintech Setback

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In a significant regulatory action, the Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank, marking a major development in India’s financial and fintech landscape. The decision, which came into effect on April 24, effectively bars the payments bank from carrying out banking operations under the provisions of the Banking Regulation...