Friday March 01, 2024

India’s central bank slaps Paytm with new curbs
  Posted by: TechCrunch on Jan 31st, 2024 11:37 AM

The Reserve Bank of India issued new curbs against Paytm’s Payments Bank, which processes transactions for financial services giant Paytm, prohibiting it from any banking service, including fund transfers, UPI transactions, accepting deposits, credit transactions and top-ups in customer accounts, prepaid instruments and wallets after February 29. Wednesday’s move follows the Indian central bank ordering […]

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