No review of action on Paytm Payments Bank: RBI governor Shaktikanta Das

Reserve Bankof India (RBI) Governor Shaktikanta Das on Monday firmly dismissed any possibility of a review of the central bank’s action against Paytm Payments Bank.

He stated that the decision was taken after a comprehensive assessment of the firm’s operations.

“If you are expecting a review of the decision, let me very clearly say: There is no review of the decision. FAQ (frequently asked questions) which we are proposing to issue will target the issues faced by customers like the FASTAG users, the wallet users, and the account holders.