Paytm Payments Services has received RBI’s in-principle approval to operate as an online payment aggregator, lifting a ban on ...

Shares of fintech major Paytm surged on Wednesday after the Reserve Bank of India (RBI) granted in-principle authorisation to its subsidiary, Paytm Payments Services Limited (PPSL), to operate as an ...

News- This development marks a significant milestone for Paytm, following the RBI's earlier rejection of PPSL’s application for a payment aggregator licence in Nov '22.