Asked when the National Payments Corporation of India will take a decision on the Paytm payment app licence, Das stated that it has to do its internal due diligence. The deadline for linking the pockets hooked up with PPBL with other banks has been fastened for March 15, the governor mentioned, ruling out any further Gadget News extension. The governor mentioned that the time given to Paytm Payments Bank is sufficient and there’s no want for additional extension. He added that per cent Paytm wallets are linked to different banks, and the remaining 15 per cent have been advised to move on to other banks.
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- But it’s also clearly a beta product aimed toward builders.
