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Raghav R.

1 story by Raghav R., covering the Indian startup ecosystem. 0.1K total reads. Sharp reporting on funding, founders, policy, and markets.

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Paytm Payments Bank RBI
Lite Updates · Banking & Finance · 24 Apr 2026 · 2 min

RBI Cancels Paytm Payments Bank’s Licence, Moves High Court for Winding Up Over Detrimental Practices

After years of regulatory scrutiny and operational curbs, the central bank has officially withdrawn Paytm Payments Bank's licence, citing severe governance lapses and non-compliance.
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