Paytm Payments Bank Ltd (PBBL) Current Affairs, GK & News

RBI fines Paytm Payments Bank and Western Union

Reserve Bank of India (RBI) has imposed monetary penalty on two payment system operators viz., Paytm Payments Bank Ltd (PBBL) as well as Western Union Financial Services Inc. Key Points RBI levied a penalty of Rs 1 crore on PBBL. Penalty was imposed because of an offence related to Payment and Settlement Systems Act, 2007 ..