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Paytm may get NPCI nod for third-party application license but no relief for banking arm beyond March 15: Report

By Economic Times - 9 months ago
The National Payments Corp of India (NPCI) is expected to grant a third-party application provider license to Paytm, also known as One 97 Communications, by March 15, according to Reuters. However, the Reserve Bank of India (RBI) is unlikely to extend the deadline for Paytm Payments Bank, the banking arm of Paytm, to wind down its operations by the same date.

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