Paytm Bank board alerted by RBI on non-compliance ...Middle East

RBI held discussions with Paytm Payments Bank before taking action. Two directors resigned. Paytm management is lobbying for the bank's survival. RBI follows a strategy of engaging with management and then the board before imposing restrictions. Monetary penalty imposed in October 2023. Governor Das listed supervisory strategy, while deputy governor Janakiraman explained the policy of engagement and restrictions.

Hence then, the article about paytm bank board alerted by rbi on non compliance was published today ( Saturday 10/02/2024 - 06:13 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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