12/2/2024, 5:43:02 pm

No review of action taken against Paytm Payments Bank!

RBI Governor Shaktikanta Das stated that there will be no review of the actions taken against Paytm Payments Bank Ltd. The central bank will release an FAQ addressing customer concerns in a few days. Das clarified that the RBI supports the fintech sector, but customer interest and financial stability are top priorities. On January 31, the RBI imposed restrictions on PPBL's operations.