RBI has taken major action against Paytm Payment Bank. Bharti Reserve Bank has banned accepting deposits or top-ups in customer accounts, prepaid instruments, wallets, and Fastag. Apart from this, a ban has also been imposed on adding new customers. The main reason behind this action is said to be that Paytm was committing irregularities regarding banking regulation for a long time. Keeping this in view, RBI has taken this action against Paytm Payment Bank. According to RBI, after February 29, permission to accept deposits, credit transactions, or top-ups in customer accounts or prepaid instruments like Wallet and Fastag has been stopped. After this decision many customers are using the services of Paytm. He is questioning whether he will be able to use Paytm wallet now.
Today, through this news we will give you the answer to this question. For your information, let us tell you the money in your Paytm wallet. You can use it until it ends.
Relaxation has been given regarding the withdrawal of money deposited in the wallet and its use. It is worth noting that no time limit has been fixed yet in this regard.
Apart from this, you will not be able to put any money in the wallet after 29th February. The money is present in the wallet. You can only use them.
(PC: Freepik)
