BANKING
Paytm Payments Bank Moves RBI for Licence Renewal; Compliance Review Underway
The Economic Times
AI Summary
Paytm Payments Bank has submitted its renewal application to the RBI ahead of the September 2026 licence expiry. The bank, which has 350 million registered users, has been operating under an enhanced compliance framework since 2024. Industry watchers expect the RBI to issue its decision by Q3 2026. Source: The Economic Times.
Generated by Straico · Source: The Economic Times