Delhi High Court orders closure of Paytm-Payments-Bank: RBI informed, banking license was canceled for violation of rules
A few months after the Reserve Bank of India canceled its license, the Delhi High Court has now ordered the complete closure of Paytm Payments Bank Limited. RBI informed about this legal decision on Tuesday. The High Court has appointed former Chief General Manager of SBI Girikumar M Nair as the official liquidator of Paytm…
