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Paytm to form advisory panel on compliance, regulatory matters
The directive from the RBI last week instructed Paytm Payments Bank to halt its business operations, including deposits, credit products, and its widely used digital wallets by February 29. RBI governor Shaktikanta Das said that there are no systemic concerns but highlights the necessity of action against Paytm due to non-compliance.
The directive from the RBI last week instructed Paytm Payments Bank to halt its business operations, including deposits, credit products, and its widely used digital wallets by February 29. RBI governor Shaktikanta Das said that there are no systemic concerns but highlights the necessity of action against Paytm due to non-compliance. 
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