RBI Public Notice: Cancellation of Paytm Payments Bank Limited License
May 30, 2026 • Farheen Begum • Legal Announcements / Legal Notices
Source:
Eenadu Newspaper
The Reserve Bank of India (RBI) issued a public notice stating that the banking license issued to Paytm Payments Bank Limited has been cancelled under Section 22(4) of the Banking Regulation Act, 1949, effective from the close of business on April 24, 2026. The bank is strictly prohibited from conducting any banking operations or accepting further deposits, credits, or top-ups. For official updates and detailed guidelines, customers and stakeholders can access information on the official portal at rbl.org.in.