FASTag: After Paytm, different entities are additionally on radar and should face related motion.
The transfer comes after the Indian Highways Management Company discovered that the entity was not complying with the parameters prescribed within the service-degree settlement
Paytm Payments Bank has been barred from issuing contemporary FASTags, based on a TOI report. It comes after the Indian Highways Management Company Ltd (IHMCL), the arm of NHAI coping with issues associated to tolls, discovered that the entity was not complying with the parameters prescribed within the service-degree settlement (SLA).
Paytm has been banned from taking on any new toll plazas which are a part of the National Electronic Toll Collection, masking the entire nationwide highways community, based on the TOI report.
IHMCL, in a letter to the financial institution final Friday, has additionally sought a response from Paytm Payments Bank on why the corporate shouldn’t be penalised for non-compliance.
After Paytm, different entities are additionally on the radar and should face related motion, based on the report citing NHAI officers.
