Friday, January 10, 2025

Paytm Payments Bank crisis: RBI governor’s big statement

Monday, February 12, 2024, 10:36
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RBI Governor Shaktikanta Das stated that there is limited scope to reconsider the measures taken against Paytm Payments Bank. The RBI recently directed PPBL to cease accepting deposits or top-ups after February 29. Governor Das emphasized that the central bank takes action after a thorough evaluation and is committed to safeguarding customer interests and ensuring financial stability. The RBI is expected to release a set of FAQs in response to the Paytm matter.

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