February 20, 2024
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2:52Now PlayingThe Reserve Bank of India (RBI) has taken regulatory action against Paytm Payments Bank, effective after March 15. As a result, Paytm Payments Bank will no longer be able to provide banking services to its customers. The RBI has prohibited further deposits, credit transactions, or top-ups through the bank. Paytm holds a significant share of the Fastag market, with 30% market share among India's 70 million Fastag users, according to the National Highways Authority of India (NHAI). Paytm customers, particularly Fastag users, are advised to deactivate their Fastags or port them to other banks to ensure uninterrupted services.
#paytm #paytmpaymentsbank #fastag #mirrornow #businessnews #latestnews
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