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.source https://economictimes.indiatimes.com/industry/banking/finance/banking/taking-immediate-steps-to-comply-with-rbi-directions-paytm-payments-bank/articleshow/90175248.cms
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