Taking immediate steps to comply with RBI directions: Paytm Payments Bank
This is the third time that Vijay Shekhar Sharma-promoted Paytm Payments Bank (PPBL) is facing action from the banking regulator since its inception in May 2017. It has been prohibited from opening new accounts for the second time.
Digitisation, innovative technologies creating unprecedented disruption in banking sector: SBI chairman Dinesh Khara"Digital innovation is redefining industries and changing the way businesses function. Digitisation and innovative technologies are creating unprecedented disruption in the banking sector and the rate of change is accelerating," State Bank of India's Chairman Dinesh Khara said at a Dun & Bradstreet event.
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