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India’s central bank cancels Paytm Payments Bank licence

India’s central bank said on Friday it has cancelled the banking licence issued to Paytm Payments Bank Limited, more than two years after the regulator imposed business curbs over violations, including lapses in customer due diligence.

April 24 (Reuters) – India’s central bank said on Friday it has cancelled the banking licence issued to Paytm Payments Bank Limited, more than two years after the regulator imposed business curbs over violations, including lapses in customer due dili… [3532 chars]

Source: Reuters | Published: 2026-04-24T13:38:54Z

Credit: Reuters

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