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Paytm mess likely to make industry cautious but big impact unlikely, say experts

On January 31, 2024, the RBI imposed major business restrictions on Paytm Payments Bank, including a ban on accepting fresh deposits.

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Paytm crisis: Trades asked to switch other payments apps

Paytm crisis: Trades asked to switch other payments apps
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Tech News of the week: Apple Vision Pro launch, Paytm Payments Bank ban and more

Tech News of the week (First week of February 2024): RBI has banned Paytm Payments Bank due to persistent non-compliance and material supervisory concerns, and Apple has launched its highly anticipated Vision Pro headset in the US.

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EXPLAINER Paytm Payments Bank meltdown its meaning

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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Paytm Bank: Lakhs of KYC non-compliance cases, single PANs for multiple accounts led to RBI curbs

A Paytm spokesperson said the company strongly refutes money laundering allegations

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