Breaking: No More Payments In Paytm Bank

Article by Kumar Published on: 7:33 pm, 24 April 2026

The Reserve Bank of India has cancelled the licence of Paytm Payments Bank after repeated compliance violations. The bank can no longer offer regular banking services and is restricted to withdrawals. RBI is also expected to approach the court for its winding up, signalling a major setback for the platform and its users.

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