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Action Against Paytm For Persistent Non-compliance, Time Was Given For Corrective Actions: RBI

Financial Services Secretary Vivek Joshi on Wednesday said it is for the Reserve Bank to deal with the Paytm issue and the government has nothing to do with the matter for now.

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Is February 29 the final deadline for Paytm Payments Bank? Here's what the RBI said

Last month, the RBI imposed major restrictions on the operations of Paytm Payments Bank Ltd (PPBL). It has directed Paytm Payments Bank to stop accepting deposits or top-ups in customer accounts, wallets, FASTags, and other instruments after February 29.

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