Question
Which payment bank encountered limitations from the
Reserve Bank of India due to "Violation of regulatory standards and failure to comply"?Solution
RBI restricted the operations of Paytm Payments Bank post February 29, 2024. The Reserve Bank of India (RBI) has clarified its recent actions against Paytm Payments Bank, stating that the crackdown was a result of the bank's failure to comply with regulations despite repeated warnings.
When Is celebrated World AIDS Vaccine Day?Â
Which of the following statements about the IIFA Awards 2025 winners is accurate?
(I) Best Picture: Kill
(II) Best Performance in ...- Who was one of the early leaders of the Prarthana Samaj movement?
Which discipline will see a "Mixed Team" event added for the first time in 2026?
What is the rank of India in the Global Innovation Index 2024?
- Which articles of the Indian Constitution address the Union Executive?
- Which dynasty founded the Vijayanagar Empire?
Who is the chairman of the expert committee set up by RBI for FREE-AI framework?
Which bank has recently partnered with the Indian Olympic Association (IOA) as the official banking partner for Team India at the Paris Olympics 2024?
- Under which constitutional article has the Centre issued new regulations for Ladakh?