SleepyMarshmallow
SleepyMarshmallow

Paytm gets a shock from RBI

PAYTM Payments Bank essentially asked to shut shop.

Afaik here are the few implications

  1. Stock market will react in a bad way to them
  2. Worst affected are going to be FasTag users who bought from PayTM.
  3. No deposits / credits allowed in any account. Withdrawal is allowed.
  4. UPI not allowed after Feb
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10mo ago
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