Paytm Payments Bank is finished. Ashvin Parekh on what it means for your money & your Paytm app

The RBI has cancelled Paytm Payments Bank's license. It's official, it's final, and the winding-down process is now underway. But before panic sets in, here's the most important thing to know: your P… The RBI has cancelled Paytm Payments Bank's license. This formal step concludes a process that began in 2022. The winding-down process is now underway. However, your Paytm app and its payment services are a separate entity and will continue to function. This …