Paytm News LIVE: RBI Orders Halt on Paytm Payments Bank Transactions | Paytm Shutdown News |RBI News
Paytm News LIVE: RBI Orders Halt on Paytm Payments Bank Transactions | Paytm Shutdown News |RBI News In the past decade, especially after the 2016 shock demonetisation announcement, 'Paytm Karo' became a catchphrase that underlined a massive boom in digital payments in India. Riding that wave of 'digital India', Paytm, which started off as a prepaid mobile and DTH recharge platform, went on to become a market leader in the country's QR and mobile payments networks. Cut to 2024, and the company faces one of its most worrying crises. This week, the Reserve Bank of India (RBI) dealt a severe blow to Paytm, barring its Paytm Payments Bank from offering its core services such as wallets and fund transfers. Thus, it cannot accept deposits or top-ups in any customer account. #paytmnews #paytmbank #rbinewguidelines #rbinews #rbi #rbilatestnews #indiatoday #indiatodaylive Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video. All you need to do is PRESS THE BELL ICON next to the Subscribe button! India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more. Stay tuned for latest updates and in-depth analysis of news from India and around the world! WhatsApp Channel: https://whatsapp.com/channel/0029Va2AnW3JENxxg7OuJv00 Download App: https://indiatoday.link/wHaj Follow us: Official website: https://www.indiatoday.in/ Twitter: https://twitter.com/IndiaToday Facebook: https://www.facebook.com/IndiaToday
