Latest: Regulatory action on Paytm Payments Bank, not app, clarifies RBI

Latest: Regulatory action on Paytm Payments Bank, not app, clarifies RBI

The Reserve Bank of India’s (RBI’s) directive issued last month concerns Paytm Payments Bank, not the Paytm app, the banking regulator clarified in a press conference on Thursday. This was after the RBI, after a meeting of its monetary policy committee (MPC), announced the status quo on policy rates earlier in the day. The … Read more