Paytm Rival PhonePe’s Downloads Soar

Published On: February 06, 2024 - The Reserve Bank of India (RBI) recently clamped down on fin-tech firm Paytm putting several restrictions in place. The concerned restrictions on Paytm Payments Bank include adding amounts to wallet, accepting deposits, making transactions, etc. after February 29. In the light of recent events relating to non-compliance, what’s the future of Paytm Payments Bank? Will Paytm put new QR codes in place? What can be expected of the soundbox systems? Join News9’s Krishnakumar and Kartik Malhotra for more details on the story.