Paytm, launched in 2010, quickly rose as a leader in India's fintech space, transforming digital payments and e-commerce. Its popularity surged post-demonetization in 2016, leading to the 2017 launch of Paytm Payments Bank, which aimed to blend digital wallets with banking services. However, by March 2024, Paytm Payments Bank encountered a major setback.
In this blog, we’ll dive into the reasons behind this downturn and provide tips on staying compliant in the fast-evolving digital finance landscape.
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