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Why RBI cancelled Paytm Payments Bank’s banking licence
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Why RBI cancelled Paytm Payments Bank’s banking licence

The Indian Express·George Mathew·about 1 month ago
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Paytm Payments Bank has been under regulatory scrutiny since 2018 owing to multiple compliance concerns. On Friday, the RBI said bank’s operations were conducted in a way that was “detrimental to the interest of the bank and its depositors”.

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