RBI orders Paytm Payments Bank to stop FASTag, wallet servcies, here's why
Paytm Payments Bank has been barred by RBI from onboarding new customers and accepting deposits across its services. The restrictions were imposed after a system audit report and compliance validation by external auditors. The RBI has terminated Nodal Accounts belonging to One97 Communications Ltd and Paytm Payments Services Ltd.
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Paytm Payments Bank has been barred by RBI from onboarding new customers and accepting deposits across its services. The restrictions were imposed after a system audit report and compliance validation by external auditors. The RBI has terminated Nodal Accounts belonging to One97 Communications Ltd and Paytm Payments Services Ltd. 
