RBI’s action on Paytm Payments Bank Limited has no financial impact and strong momentum, says company
Paytm Payments Bank Ltd operates independently, with no board or management involvement from Paytm. File
| Photo Credit: Reuters
India’s leading payments app, Paytm (One 97 Communications Ltd), said the Reserve Bank of India’s action on Paytm Payments Bank Ltd (PPBL) has no financial or business impact on the company, reiterating that it does not have any material business arrangements or exposure with the banking entity.
In a regulatory filing, the Noida-based fintech major said PPBL operates independently, with no board or management involvement from Paytm.
As previously disclosed on March 1, 2024, the company does not have any exposure to PPBL or any material business arrangements with PPBL.
Published – April 25, 2026 11:54 am IST
