RBI implement restrictions on Paytm Payments Bank for non compliance of regulations

[SVK]

Payment Bank is restricted, Wallet is gone, then what will remain with Paytm
PayTM Share prices are touching underground

 

[minuteman]

I heard that Paytm bank accounts transferred to indusind after 29th February anyone verify it is true?

 

[anmolbhard004]

no nothing like that currently.
But I hope HDFC takes over their wallet.

 

[Navjot Singh]

Since the article mentioned JIO, then HDFC is just a formality. It will go to Ambani.

 

[itzmynet]

Source

 

[Sushubh]

I guess Jio needs time to raise funds.

 

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[Sushubh]

Paytm CEO meets Union Finance Minister Nirmala Sitharaman; discusses ongoing challenges: Sources

Challenges lol.

 

[Sushubh]

Source

Techbros be like rules were not meant for us bro.

 

[Sushubh]

RBI’s crackdown on Paytm Payments Bank: The inside story

CNBC-TV18 has learnt that the Reserve Bank of India had found 31 crore out of 35 crore Paytm Wallets inoperative in its inspection, cases where a single PAN card was linked to thousands of accounts, absence of KYC for lakhs of accounts and violation of KYC-anti money laundering rules, instances...

www.cnbctv18.com

 

[anmolbhard004]

31 Cr dormant wallets thats huge