Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
Multiport USB Charger for Multiple Devices Buy Now
Linen Wide Leg Pants Buy Now
Men's Manicure & Pedicure Kit Buy Now
Mens Slim Chino Pant Buy Now
AUTOMET Long Sleeve Tee Buy Now
JMIERR Men's Casual Shorts Buy Now
6-Port 50W Multi-Device Charging Dock Buy Now
KODAK PIXPRO AZ255-BK 16MP Vlogging Camera Buy Now
Easy, Healthy Recipes with 7 Ingredients Buy Now
Women's Joggers Pants Buy Now
KALIYADI Polarized Sunglasses Buy Now
Men's Casual Blazer Buy Now
Cotton Military Outdoor Jackets Buy Now
Casual Loose T-Shirts Buy Now
Best Friend Keychain Gifts Buy Now
Gildan Cotton T-Shirt Pack, Style G2000 Buy Now
Atomic Habits Buy Now
Workout Set: 5-Piece Exercise Outfits Buy Now
Full-Zip Fleece Lined Hoodie Sports Sweatshirts Buy Now
Gold Jewelry Set 49pc Buy Now
MoreBack to News Headlines
Explained: Why RBI Has Put Restrictions On Paytm Payments Bank

Explained: Why RBI Has Put Restrictions On Paytm Payments Bank

NDTV
Thursday, February 1, 2024 1:58 AM GMT

Paytm Payments Bank has been ordered by the RBI to stop accepting fresh deposits in its accounts or popular wallets after February 29, 2024.

The Reserve Bank of India (RBI) on Wednesday ordered Paytm Payments Bank to stop accepting fresh deposits in its accounts or popular wallets after February 29, 2024. Update: Paytm Payments Bank Limited, an associate of Paytm receives RBI directions. Paytm to expand its existing relationships with leading third-party banks to distribute payments and financial services products.Read more here: https://t.co/NsPCOxp6VJpic.twitter.com/fQjozyR11m

Paytm Payments Bank, which is part of one of India's largest payment firms Paytm, was told by the regulator that it will not be able to take fresh deposits, facilitate credit transactions, or offer fund transfers, including Unified Payments Interface (UPI) facility after February 29.

"No further deposits or credit transactions or top ups shall be allowed in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc. after February 29, 2024, other than any interest, cashbacks, or refunds which may be credited anytime," Yogesh Dayal, a chief general manager with the central bank, said in a press statement.

Read full story on NDTV
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us