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Paytm Payments Bank Expects Central Bank Curbs to Be Lifted in Three-Five Months

Minggu, 22 Mei 2022 | 20:32 WIB
Paytm Payments Bank Expects Central Bank Curbs to Be Lifted in Three-Five Months

ILUSTRASI. Paytm Payments Bank expects the central bank to allow it to resume taking on new customers in the next few months. REUTERS/Florence Lo/Illustration

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - MUMBAI. India's Paytm Payments Bank, which facilitates transactions on mobile commerce platform Paytm, expects the central bank to allow it to resume taking on new customers in the next few months. A top executive told Reuters.

In March, the Reserve Bank of India ordered a comprehensive audit of the company's IT systems, citing "material" supervisory concerns, without elaborating further, and barring it from taking on new customers.


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