Posted inChina, India, Japan, Northeast Asia, South Asia

RBI tells Paytm Payments Bank to stop enrolling customers

Paytm Payments Bank, the banking arm of India’s leading mobile-phone payment platform, has stopped enrollment of new customers on its platform after observations made by the Reserve Bank of India, Mint newspaper reports. Paytm stopped enrolling new customers on June 20 after an audit by RBI, which made certain observations about the process the company […]