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  1. Feb 8, 2024 · RBI restricted the operations of Paytm Payments Bank post February 29, 2024. The Reserve Bank of India (RBI) has clarified its recent actions against Paytm Payments Bank, stating that the crackdown was a result of the bank's failure to comply with regulations despite repeated warnings. The decision to restrict Paytm Payments Bank from accepting ...

  2. Feb 1, 2024 · What Paytm Payments Bank Said On RBI Restrictions. Paytm Payments Bank, an associate of One 97 Communications Limited (OCL), said it is taking "immediate steps" to comply with the RBI's directions.

  3. Feb 6, 2024 · Paytm Payments Bank’s board also highlighted the efforts by its chairman, Vijay Shekhar Sharma, noting that he had spoken at various forums such as the World Economic Forum at Davos, Global ...

  4. Jan 31, 2024 · The Reserve Bank of India on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or allowing credit transactions, or top-ups, in customer accounts or prepaid instruments - like ...

  5. The Reserve Bank of India (RBI) has issued a directive restricting Paytm Payments Bank Account/Wallet from accepting new deposits or allowing credit transactions after March 15, 2024. Please note that you will not be able to deposit or add money to your Paytm Payments Bank Account/Wallet after March 15, 2024. However, there is no restriction on ...

  6. A. You can continue to use your existing balance for metro/bus travel as usual! To close your Wallet & Transit Card: Open the app > Tap your initials (top left) > Go to 'Help and Support' > 'Banking Services and Payments’ > 'View More' > 'View all Services' > 'Wallet Transit Card' > Select 'Need help with non-order related queries' > 'I want to close my NCMC Transit Card Service' and follow the steps.

  7. Mar 4, 2024 · The Reserve Bank of India is likely to cancel the banking licence of crisis-hit Paytm Payments Bank, a latest media report said on Monday. According to the Hindu Business Line, the central bank ...

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