India’s banking regulator has canceled the license of Paytm Payments Bank Ltd, more than two years after restricting its core business activities, citing violations of rules, and effectively rendering it defunct.
India’s banking regulator has canceled the license of Paytm Payments Bank Ltd, more than two years after restricting its core business activities, citing violations of rules, and effectively rendering it defunct.
Paytm, which was once backed by SoftB… [512 chars]
Source: Bloomberg | Published: 2026-04-24T15:47:54Z
Credit: Bloomberg
