CLOSED
NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
Home/Business/Banking/Paytm: No Impact from RBI’s PPBL Action

Paytm: No Impact from RBI’s PPBL Action

Banking
By ThePip Desk•
Add as a preferred source on Google
A man holds a smartphone in a server room, pointing to its screen while colleagues work at computers in the background.

Fintech professionals monitor operations in a data center.

Key Highlights

Paytm announces RBI’s actions against Paytm Payments Bank Ltd will not cause financial or business repercussions. Services remain fully operational.

Paytm has stated that the Reserve Bank of India’s (RBI) action on Paytm Payments Bank Ltd (PPBL) will not have any financial or business impact on the company. The company emphasized that it has no material exposure or operational link with the banking entity, and its services remain fully operational.

IndiaPaytmReserve Bank of India (RBI)