You may have Ferrari, but still have to obey traffic rules: RBI head Shaktikanta Das on Paytm

RBI Governor Shaktikanta Das emphasizes support for Fintech while clarifying the action against Paytm Payments Bank (PPBL) as a response to non-compliance. He stresses the necessity of regulatory adherence using an analogy of owning a Ferrari but obeying traffic rules. Das confirms the March 15 deadline for PPBL wallet linkage and expects NPCI to decide on the Paytm payment app license soon. Read The Rest at :