Wednesday, January 31, 2024

India’s central bank slaps Paytm with new curbs

The Reserve Bank of India has ordered Paytm’s Payments Bank to cease deposits, credit transactions and top-ups in customer accounts, prepaid instruments and wallets after February 29 in new strict penalties after the central bank found the firm to be in non-compliance with an earlier embargo. Wednesday’s move follows the Indian central bank ordering Paytm […]

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