RBI asks Paytm Payments Bank to stop adding new customers: Report
The RBI has reportedly asked Paytm Payments Bank to stop adding new customers on its platform with immediate effect following an audit. The RBI observed that Paytm should have a better mechanism to store customers' data. It also asked Paytm to have a separate office for its Payments Bank, different from Paytm's parent company One97 Communications' office.