{"id":1005162,"date":"2026-04-27T11:03:39","date_gmt":"2026-04-27T05:33:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1005162"},"modified":"2026-04-27T11:03:39","modified_gmt":"2026-04-27T05:33:39","slug":"why-did-rbi-cancel-paytm-payment-banks-banking-license-all-you-need-to-know","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/27\/why-did-rbi-cancel-paytm-payment-banks-banking-license-all-you-need-to-know\/","title":{"rendered":"Why did RBI cancel Paytm payment bank&#8217;s banking license? All you need to know"},"content":{"rendered":"<p>The Reserve Bank of India (RBI) on Friday scrapped the banking licence issued to Paytm Payments Bank Limited, more than two years after barring it from accepting deposits or top-ups.<\/p>\n<p>The move effectively prohibits the payments bank from carrying out any banking business, following years of regulatory friction caused by persistent non-compliance. RBI has repeatedly flagged serious concerns in the bank&#8217;s operations, which ultimately led to this action.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India (RBI) on Friday scrapped the banking licence issued to Paytm Payments Bank Limited, more than two years after barring it from accepting deposits or top-ups. The move effectively prohibits the payments bank from carrying out any banking business, following years of regulatory friction caused by persistent non-compliance. RBI has repeatedly flagged serious concerns in the bank&#8217;s operations, which ultimately led to this action.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1005162","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1005162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1005162"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1005162\/revisions"}],"predecessor-version":[{"id":1005163,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1005162\/revisions\/1005163"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1005162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1005162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1005162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}