RBI Winds Up Paytm Payments Bank: Girikumar Nair Appointed Official Liquidator – Complete Current Affairs for UPSC, Banking, SSC & PCS Exams

Daily Current Affairs3 weeks ago3 weeks ago07 mins

RBI winds up Paytm Payments Bank as the Delhi High Court appoints Girikumar M. Nair as Official Liquidator. Learn the reasons, banking regulations, historical background, key takeaways, and exam-focused current affairs for UPSC, SSC, Banking, Railways, Defence, and State PCS exams. RBI Moves Towards Final Closure of Paytm Payments Bank The Reserve Bank of India…

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RBI Cancels Paytm Payments Bank Licence 2026: Reasons, Impact and Key Facts for Exams

Daily Current Affairs4 months ago4 months ago05 mins

RBI cancels Paytm Payments Bank licence due to non-compliance. Learn reasons, impact, key facts, FAQs, and MCQs for UPSC, SSC, Banking and other competitive exams. RBI Cancels Paytm Payments Bank Licence Over Regulatory Non-Compliance Introduction to the RBI Action The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank (PPBL),…

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Vijay Shekhar Sharma Resignation: Impact on Paytm Payments Bank and Digital Payments Sector

Daily Current Affairs2 years ago2 years ago04 mins

Vijay Shekhar Sharma Steps Down from Paytm Payments Bank Board Vijay Shekhar Sharma, the founder of Paytm, has announced his resignation from the board of directors of Paytm Payments Bank. This decision comes amidst a strategic realignment within the company and broader changes in the digital payments landscape. In a recent development, Vijay Shekhar Sharma,…

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RBI Imposes Restrictions on Paytm Payments Bank: Crucial Insights for Government Exam Aspirants

Daily Current Affairs3 years ago3 years ago04 mins

RBI Imposes Major Restrictions on Paytm Payments Bank Operations: Limited Post February 29 In a significant move, the Reserve Bank of India (RBI) has imposed major restrictions on the operations of Paytm Payments Bank. This decision, effective post-February 29, has far-reaching implications for candidates preparing for various government exams, including those aspiring for positions in…

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RBI Imposes ₹5.4 Crore Penalty on Paytm Payments Bank: KYC Violation & Regulatory Oversigh

Daily Current Affairs3 years ago3 years ago03 mins

RBI Imposes ₹5.4 Crore Penalty on Paytm Payments Bank The Reserve Bank of India (RBI) recently imposed a penalty of ₹5.4 crore on Paytm Payments Bank, one of the leading digital payment banks in India. This decision by the RBI has significant implications not only for the banking sector but also for students preparing for…

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