Earlier this evening, the RBI extended the deadline for Paytm Payments Bank Ltd (PPBL) to March 15 from February 29 from stop accepting fresh deposits and do credit transactions. However, the central bank said customers and merchants of Paytm Payments Bank to shift their accounts to other banks by March 15.
Get latest articles and stories on India at LatestLY. Fintech firm One97 Communications owner of the brand Paytm has shifted its nodal account to Axis Bank from Paytm Payments Bank. India News | Paytm Shifts Nodal Account to Axis Bank to Ensure Continuity of Transactions.