RBI canceled the license of Paytm Payments Bank. business News & more related News Here
The Reserve Bank of India (RBI) has canceled the banking license issued to Paytm Payments Bank Ltd, more than two years after the regulator imposed business sanctions over violations including lapses in customer due diligence. Vijay Shekhar Sharma, Founder and CEO of Paytm. (PTI) Backed by One97 Communications Ltd., which once counted China’s Ant Group…