RBI aimed to redirect funds from Paytm Bank's deposit accounts back to those who had initially deposited their money with Vijay Shekhar Sharma's bank. The potential decline of Paytm Payments Bank may not be a concern for the RBI. Despite the limited impact of payments banks on the overall financial system, the move sparked panic among numerous merchants and users of Paytm's UPI service and FASTag business. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
