Delhi High Court Orders Paytm Payments Bank Winding Up

The Delhi High Court directed Paytm Payments Bank's winding up under the Banking Regulation Act, 1949, per orders dated July 8 and July 22, 2026. This marks the end of a defining experiment in India's payments banking model—builders should note how regulatory pressure and compliance failures can dismantle even high-profile fintech ventures.

Source: ET BFSI ↗