Last Updated: October 21, 2026

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  • Tag: Paytm Payments Bank licence

    RBI cancels Paytm Payments Bank licence citing regulatory violations, depositor concerns

    New Delhi: The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank Limited with effect from the close of business on April 24, 2026, citing serious regulatory violations and concerns over the manner in which the bank’s affairs were conducted. In its order on Friday, the RBI said the bank’s.