The Reserve Bank of India has extended Paytm Payments Bank's wind-down deadline by 15 days to March 15, 2024, considering customer needs amid regulatory concerns. After this date, no more deposits or transactions will be allowed in customer accounts or associated instruments. Users holding NCMC cards for metro and bus travel from Paytm Payments Bank can continue using them until depleted, but cannot add funds after March 15. They're advised to switch to other providers beforehand to avoid inconvenience.
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