Why India's Reserve Bank has Halted Payments Giant Paytm's Services | Vantage with Palki Sharma nnIndia's digital payments giant Paytm is under the scanner of the country's central bank- the Reserve bank of India. According to RBI, there was "persistent non-compliance and material supervisory concerns" on Paytm's end. Paytm claims that it caters to 500 million Indians-what will be the impact of these curbs on Paytm's user base? Moreover, why was this crackdown by India's top bank necessary? Palki Sharma tells you.
