ET Explainer: why NPCI nod for Paytm UPI onboarding matters
By
CS Mathew
Paytm, operated by One 97 Communications, received approval from the National Payments Corporation of India (NPCI) to onboard new UPI users, lifting a regulatory freeze imposed on it earlier this year. This approval marks a significant development for the digital payments platform, which has been under scrutiny by regulators.