Question 1
RBI Removes Paytm Payments Bank from the Second Schedule of the RBI Act, 1934
By Rakesh Kushwaha, Lead Tech & Exam Analyst
Economy & Banking
The Reserve Bank of India (RBI) has removed Paytm Payments Bank Limited (PPBL) from the Second Schedule of the Reserve Bank of India Act, 1934. The decision follows the cancellation of its banking licence and the subsequent winding-up proceedings.
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Question 2
Under which Act was Paytm Payments Bank removed from the Second Schedule?
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