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Paytm Banks Can t Add New Customers, Says RBI

Financial News: Paytm Payments Bank has been ordered by the RBI to halt the onboarding of new customers immediately.

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RBI directs Paytm Payments Bank to stop onboarding new customers

RBI directs Paytm Payments Bank to stop onboarding new customers
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RBI leads Paytm Payments Bank to stop onboarding new customers

The central bank Friday barred SoftBank-backed Paytm Payments Bank from adding new customers due to likely gaps.

United statesAshvin parekhVijay shekhar sharmaSmall finance bank licenceAmerican expressPaytm payments bankDiners clubPaytm payments bank ltdSoftbank backed paytm payments bankReserve bankPayments bankRbi leads paytm payments bank to stop onboarding new customers