Published By: Mohammad Haris
Last Updated: February 12, 2024, 16:10 IST
RBI Governor Shaktikanta Das. (File photograph)
RBI Governor Shaktikanta Das the central financial institution takes motion in opposition to regulated entities solely after a complete evaluation
Reserve Bank of India Governor Shaktikanta Das on Monday mentioned there was “hardly any room” to assessment the motion taken in opposition to Paytm Payments Bank.
In a serious motion in opposition to Paytm Payments Bank (PPBL), RBI, on January 31, directed it to cease accepting deposits or high-ups in any buyer accounts, wallets, FASTTags and different devices after February 29.
Talking to reporters in the nationwide capital on Monday, Das mentioned there was “hardly any room” to assessment the motion taken in opposition to Paytm Payments Bank.
He additionally mentioned that RBI takes motion in opposition to regulated entities solely after a complete evaluation.
While emphasising that RBI is supportive of the fintech sector, Das mentioned it is usually dedicated to shield the curiosity of shoppers in addition to guarantee monetary stability.
The central financial institution is anticipated to quickly concern a set of FAQs (Frequently Asked Questions) on the Paytm matter.
