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India weighs additional penalties on Paytm, including revoking payments bank license

The Reserve Bank of India is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter told TechCrunch, as troubles mount for the Indian financial services firm that serves…

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The Reserve Bank of India is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter told TechCrunch, as troubles mount for the Indian financial services firm that serves more than 330 million customers. The central bank has internally discussed revoking the payments bank license […] © 2024 TechCrunch. All rights reserved. For personal use only.

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