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Reserve Bank of India Cancels Paytm Payments Bank Limited Licence Over Compliance Violations

Paytm

April 2026 | India Fintech & Regulatory News – In a significant regulatory action, the Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank Limited, effective April 24, 2026. The decision follows serious and repeated violations of regulatory norms, marking one of the most decisive actions taken against a fintech-linked … Read more