RBI bars Paytm Payments Bank from accepting deposits after Feb 29

The RBI has barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top ups in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc., after February 29, 2024, other than any interest, cashbacks, or refunds which may be credited anytime.

RBI bars Paytm Payments Bank from accepting deposits after Feb 29

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