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RBI removes Paytm Payments Bank from list of scheduled banks after cancellation of banking licence — What we know

7 Oct 2026 · 7 Oct 2026Source: LiveMint — Money

The Reserve Bank of India has removed Paytm Payments Bank from its list of recognised scheduled banks due to non-compliance with regulations. The bank's licence, cancelled in April 2023, was deemed detrimental to depositors' interests.

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This digest is published with acknowledgment to LiveMint — Money. For the complete analysis, headnotes, and citations, please refer to the source.

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