Paytm's Shocking Ban: What You Need to Know!

Paytm Faces RBI Sanctions

RBI imposes sanctions on Paytm Payments Bank.

OCL's Strategic Move

OCL expands ties with third-party banks for payments and financial services.

Exclusive Banking Partnerships

Paytm to work only with other banks, excluding Paytm Payments Bank Limited.

Unaffected User Services

User deposits in savings accounts, wallets, FASTags, and NCMC accounts continue without impact.

Seamless Merchant Payments

Offline merchant services like Paytm QR, Soundbox, Card Machine remain unaffected.

Transition Period for Nodal Shift

PPSL shifts nodal to other banks from January 31 to February 29.

Founder's Financial Status

Founder has not taken margin loans or pledged shares directly or indirectly.