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RBI barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top-ups in any customer accounts, prepaid instruments, etc

Explained: 3 major reasons why Paytm's payment bank services have been banned by RBI

Paytm's associate Bank recently received the Reserve Bank of India's (RBI) directions in response to which Paytm's Founder and CEO Vijay Shekhar Sharma assured users that Paytm app will continue to work beyond February 29.

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Explained: 3 major reasons why Paytm's payment bank services have been banned by RBI

Will Paytm continue to work after February 29? Founder & CEO Vijay Shekhar Sharma breaks silence