RBI Governor Shaktikanta Das says ‘hardly any room’ to review regulatory action on Paytm Payments Bank


Reserve Bank of India (RBI) Governor Shaktikanta Das has cleared on Monday that there is “hardly any room” to review the action taken against Paytm Payments Bank. Shaktikanta Das said that the central bank’s decision came after a comprehensive assessment and is taken in interest of the consumers. 

The Reserve Bank of India may soon release a FAQs (Frequently Asked Questions) on all aspects of the decision against Paytm Payments Bank.

While underscoring the RBI’s support of the fintech industry, the RBI Governor asserted its dedication to safeguarding both customer interests and maintaining financial stability.

2,000 crore may come 

This is a developing story, will be updated with more inputs 

 

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Published: 12 Feb 2024, 04:20 PM IST



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