

RBI: Action against Paytm, Section 35A, Banking Regulation Act 1949
The Reserve Bank of India, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, had put certain business restrictions on Paytm Payments Bank Ltd. Commenting on the development RBI said in a press release that keeping in view the interest of customers (including merchants) of PPBL who may require a […]



