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RBI Bars Paytm Payments Bank him Adding New Customers

March 11, 2022 21:10

The Reserve Bank of India (RBI) on Friday directed Paytm Payments Bank Ltd to stop adding customers. The bank has been asked to follow these directions with immediate effect and appoint an IT audit firm to conduct a comprehensive system audit of its IT system. In doing so, the RBI had exercised its powers under section 35A […]