Paytm Payments Bank removed from the RBI Act's list of scheduled banks
The Reserve Bank of India has excluded Paytm Payments Bank Limited from the Second Schedule to the Reserve Bank of India Act, 1934. The exclusion was made by Notification No. DoR.LIC.No.S3674/16.13.215/2026-27, dated July 31, 2026, and was published in the Gazette of India (Part III, Section 4) on September 7, 2026.
