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the reserve bank of india (rbi) action against digital payment and services app paytm barring its paytm payments bank ltd (ppbl) from accepting deposits or top-ups is a stern warning to the banking sector to get its house in order when it comes to compliances. by stopping paytm from accepting top-ups in any customer accounts, prepaid instruments, wallets and fastags after february 29, the apex bank has drawn a clear line for fintech companies and related start-ups that it would not dither on adopting harsh

New delhiVijay shekhar sharmaPaytm payments bankChina ant group companyPaytm payments bank ltdKant group companyUnified payment interfaceIssue of trust