Paytm app to continue to work beyond Feb 29 despite RBI ban on wallets: CEO Vijay Shekhar Sharma

Despite the Reserve Bank of India's (RBI) directive to Paytm Payments Bank Ltd (PPBL), a 49% stakeholder in OCL, prohibiting it from accepting deposits or top-ups after February 29, CEO Sharma affirmed that Paytm will remain operational

Rs 2,000 notes to be withdrawn from circulation, exchange them by September 30: RBI

The RBI said that citizens will continue to be able to deposit Rs2000 banknotes into their bank accounts and/or exchange them into banknotes of other denominations at any bank branch up to September 30, 2023