RBI Cancels Paytm Payments Bank Licence
On 25 April 2026, the Reserve Bank of India (RBI) cancelled the banking licence of Paytm Payments Bank Limited, directing it to cease all banking operations with immediate effect. This action follows earlier regulatory measures, including the March 2022 order restricting onboarding of new customers and further 2024 restrictions on deposits, credits, and top-ups in accounts.
The RBI clarified that the bank has sufficient liquidity to repay all deposit liabilities, ensuring that customers’ funds remain secure during the winding-up process.


























