Paytm rules out NBFC licence plans after RBI cancels PPBL’s banking licence
Paytm Payments Bank failed to comply with the conditions stipulated in the payments bank licence issued to it, the central bank said. File | Photo Credit: Reuters Fintech major One97 Communications, which operates the Paytm brand, has ruled out plans to apply for a Non-Banking Financial Company (NBFC) licence. During the company’s Q4 earnings call…
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