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