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RBI's Regulatory Action Hits Paytm Payments Bank Hard
Business Today
|April 17, 2022
The RBI’s regulatory action on Paytm Payments Bank is the latest in a series of challenges the group has been facing since it listed late last year
PAYTM IS facing torrid times. Paytm Payments Bank, part of the Vijay Shekhar Sharma-founded financial services group, was recently directed by the Reserve Bank of India (RBI) to stop on-boarding new customers because of supervisory concerns. This comes as the group’s holding company—One97 Communications—battles falling prices since being listed.
Diese Geschichte stammt aus der April 17, 2022-Ausgabe von Business Today.
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