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Fintech

RBI Cancels Paytm Payments Bank Licence

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RBI Cancels Paytm Payments Bank Licence

The RBI cancelled Paytm Payments Bank's banking licence in April for non-compliance with depositor safeguard norms. This reinforces regulatory appetite for enforcement—watch compliance roadmaps and reserve requirements if you operate in banking or payments infrastructure.

Source: YourStory ↗

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