This chapter discusses the RBI's decision to effectively kill the payments bank of PTM and the resulting impact on PTM's stock. It provides insights into the circular banning PTM from accepting new deposits and explores the background of PTM's transformation from a mobile top-up platform to a digital wallet platform.
In today’s episode for 3rd February 2024, we tell you why the Reserve Bank of India has effectively killed the payments bank business of Paytm and what it could mean for the future of the fintech.
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