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No plan to review order against Paytm Bank: RBI Governor

New Delhi: Reserve Bank of India (RBI) governor Shaktikanta Das ruled out any immediate review of the curbs on Paytm Payments Bank Ltd (PPBL), stressing that such orders are issued after comprehensive deliberation and assessment.

The governor, however, said an FAQ will be issued this week to address concerns of customers and depositors, including FASTag holders and wallet users, who could be impacted by the RBI restrictions on PPBL.

“We take decisions after a lot of consideration and analysis. At the moment, there is no review of the decision (on PPBL),” he told reporters in the national capital on Monday after finance minister Nirmala Sitharaman’s customary post-budget address to the RBI board.

Das made it clear that the RBI continues to support innovation in the fintech space, as it has done over the years.

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