Paytm Payments Bank at the receiving end of RBI stick

The fintech company has been barred from accepting fresh deposits and carrying out credit transactions for consistently flouting the central bank’s guidelines.

31 January, 20241 min
0
Paytm Payments Bank at the receiving end of RBI stick

You may also like

Business
Story image

How India’s retail shareholders are being left holding the can

Swiggy and Ola Electric’s plans to return to the public markets soon after big-bang IPOs leave investors with dilution, little prospect of returns and plenty of questions.

Business
Story image

How the IndiGo crisis went unnoticed in November

Despite enough warnings, no alarm bells were rung. The buck now stops with Rahul Bhatia, the promoter and managing director of India’s largest airline that is facing its biggest crisis ever.

Business
Story image

Asia takes lead as global business hub

The region's growth is fuelled by compelling fundamentals: a young population, rapid digital adoption, and a surging class of HNIs creating powerful internal consumer markets.