RBI Found ‘Paytm Payments Bank’ Accounts Without Proper Identification; Are Services to be Restricted After Feb 29?

RBI Found ‘Paytm Payments Bank' Accounts Without Proper Identification

RBI has found thousands of ‘Paytm Payments Bank’ accounts that were created without proper identification.  The RBI has shared this information with the country’s financial crime-fighting agency, expressing concerns about potential money laundering activities associated with these accounts. The Enforcement Directorate, along with the ministries of home affairs and the prime minister’s office, has been … Read more

RBI Orders Paytm Payments Bank to Halt FASTag and Wallet Services Following Non-Compliance Issues

RBI Orders Paytm Payments Bank to Halt FASTag and Wallet Services

RBI has issued a notice to paytm payments bank Ltd. (PPBL) prohibiting it from taking on new customers and taking deposits across different services.  The notice, which will enter into force on February 29, follows a detailed system audit report which was then followed by compliance verification by external audit firms. The report revealed persistent … Read more

Paytm Exclusive Cashback Offers, Making Ayodhya Travelling Affordable and Seamless for Devotees

Paytm Cashback Offers to travel Ayodhya Ram Mandir

Paytm, has introduced an exclusive cashback offer for budget-friendly travelers making the pilgrimage to Ayodhya. This special offer, applicable for both flight and bus bookings, aims to enhance the affordability and seamlessness of the journey for devotees heading to witness the grandeur of the Ram Temple in Ayodhya. Paytm Cashback Offer Details: Devotees can now … Read more