Paytm plans to cease work with its associate Paytm Payments Bank and accelerate work to partner with other banks, after the RBI's clampdown on the payment bank
TechCrunch Manish Singh
Related Coverage
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- The Reserve Bank of India issues new curbs against Paytm's Payments Bank, including barring new deposits, credit transactions, and more after February 29 TechCrunch
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Discussion
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@chandrarsrikant
Chandra R. Srikanth
on x
🚨 Paytm's parent company, One97 Communication, said in a statement to the exchanges that it will transfer all Paytm Payments Bank (PPB) accounts to other banks, ensuring a seamless process for all stakeholders. However, this is not an easy task given that PPB is the largest...
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@chandrarsrikant
Chandra R. Srikanth
on x
Breaking: @vijayshekhar first comments on a startup founders group after the #RBI circular on #Paytm “Indian startup dream must overcome every situation collectively”