Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 174)
174.
Which bank faced major restrictions from the Reserve Bank of India (RBI), including prohibiting new deposits, credit transactions, and account top-ups from February 29th onwards?
Paytm Payments Bank
Citi Bank
HSBC Bank
RBL Bank
Answer: Option
Explanation:
Paytm Payments Bank is facing major restrictions imposed by the Reserve Bank of India (RBI), including prohibiting new deposits, credit transactions, and account top-ups from February 29th onwards, due to persistent non-compliance and supervisory concerns.
Discussion:
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