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Kotak Mahindra Bank Hit by RBI Restrictions with Pause on New Online Customers, Credit Cards The RBI pointed out that the bank has faced recurring outages in its digital banking channels due to a lack of a strong IT infrastructure.…
RBI Issues FAQs for Paytm Payments Bank Customers Amid Crisis In a recent development, the Reserve Bank of India (RBI) has granted an extension to Paytm Payments Bank Limited, altering the deadline for its ongoing operations. Initially, the central bank…
Paytm Considering PhonePe, Google Pay Model to Sustain UPI Paytm parent company One97 Communications, is in discussions with the National Payments Corporation of India (NPCI) to incorporate third-party payment apps for seamless UPI access. Beginning March 1, Paytm users might…
Paytm Ban In an unforeseen move, the Reserve Bank of India (RBI) has imposed restrictions on all services offered by Paytm Payments Bank (PPBL), effective February 29, 2024. Debit and credit transactions, along with wallet operations, will cease post this…
