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What will happen to money in Paytm's bank & gold services as RBI cancels PPBL's licence?
short by Ashley Paul / on Saturday, 25 April, 2026
Paytm users' funds parked in Paytm Payments Bank (PPBL) accounts and Paytm Gold service will remain unaffected after RBI cancelled PPBL's licence. RBI said PPBL has "enough liquidity" to repay its entire deposit liability upon winding up. Paytm-parent One 97 Communications distanced itself from PPBL, saying its Paytm UPI, QR, Soundbox, card machine and gateway services will operate uninterrupted.
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