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No FASTag recharge to be allowed via Paytm payment bank post March 15

FASTag issued by Paytm Payments Bank can continue to use your FASTag to pay toll up to the available balance post-March 15, according to the RBI FAQ released on February 16

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RBI implies that a sponsor bank will be allowed to step in for Paytm

This was gleaned from RBI s latest FAQs; market sources told Moneycontrol that the bank names are likely to be announced next week. The stock was up 5 percent today.

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Paytm Payments Bank customers can use money in wallet till balance available: RBI FAQ

Customers can withdraw or transfer wallet money to another bank account or another wallet up to the balance available, RBI said.

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FAQs on Paytm: RBI implies that a sponsor bank will be allowed to step in

This was gleaned from RBI s latest FAQs; market sources told Moneycontrol that the bank names are likely to be announced next week. The stock was up 5 percent today.

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