VSS, senior Paytm officials meet RBI, regulators not keen on saving!
Tue, Feb 6, 2024 1:00 PM

VSS, senior Paytm officials meet RBI, regulators not keen on saving!

A Flip by Avya Verma
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Founder Vijay Shekhar Sharma and executives from Paytm Payments Bank (PPBL) met with Reserve Bank of India officials to discuss transitioning and stabilising UPI accounts and handles. Regulators are not keen on salvaging the company's wallet business through migration and are working towards ensuring a smooth transition for merchants and customers. Banks may face KYC issues in acquiring business.

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