Paytm Unaffected By PPBL Action, Business Continues Strong Momentum
Published on: April 25, 2026, 11:39 a.m. | Source: Daily Excelsior
NEW DELHI, Apr 25: India’s leading payments app, Paytm (One 97 Communications Ltd), said the Reserve Bank of India’s action on Paytm Payments Bank Ltd (PPBL) has no financial or business impact on the company, reiterating that it does not have any material business arrangements or exposure with the banking entity. In a regulatory filing, the Noida-based fintech major said PPBL operates independently, with no board or management involvement from Paytm. As previously disclosed on March 1, 2024, the company […]
