Why rebirth for Paytm payments bank is next to impossible

Reserve Bank of India recently imposed restrictions on Paytm Payments Bank and barred the entity from offering incremental banking services effective March 2024. This is due to concerns regarding breach of and compliance with regulatory norms. In this businessline podcast, Anjana PV talks to Hamsini Karthik, Deputy editor, businessline, on what are the restrictions imposed on Paytm payments bank by RBI and how this decision will impact its customers. Listen in to this podcast.