BE/RBI NOTE/35/2018 Mumbai based FINO PAYMENTS BANK has entered into problems. RBI has directed them to stop opening new Accounts till the processes stipulated are duly followed. This relates to Deposits Limits which is restricted to rupees one lac. Also, it is learnt that Paytm Payments Bank has been advised to stop acquiring fresh customers
BE/RBI NOTE/35/2018 Mumbai based FINO PAYMENTS BANK has entered into problems. RBI has directed them to stop opening new Accounts till the processes stipulated are duly followed. This relates to Deposits Limits which is restricted to rupees one lac. Also, it is learnt that Paytm Payments Bank has been advised to stop acquiring fresh customers