Paytm Payments Bank Loses Licence Due to Severe Rule Violations
Major Blow to Paytm: RBI Cancels Payments Bank Licence, Seeks Winding Up in High Court New Delhi, April 24, 2026 — In a dramatic escalation of regulatory action, the Reserve Bank of India (RBI) announced on Thursday that it has officially cancelled the banking licence of Paytm Payments Bank Limited. The move brings an abrupt … Read more