Paytm Payments Bank Crisis: Updated RBI FAQs on salary crediting, account operations, and more

The Reserve Bank of India (RBI) has decided to extend the deadline for the suspension of Paytm Payments Bank operations until March 15. This decision comes after the discovery of irregularities in the bank's customer know your customer (KYC) data. To address concerns among Paytm bank account holders, the RBI has released a set of frequently asked questions (FAQs) to ensure a smooth transition for both customers and merchants.

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