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RBI removes Paytm Payments Bank from list of scheduled banks after licence cancellation
The Reserve Bank of India (RBI) has removed Paytm Payments Bank Ltd (PPBL) from the list of scheduled banks following the cancellation of its banking licence. The RBI said PPBL has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934.
Source: All India Radio News (official). The summary and key points are quoted from that release; no AI is used. Check the source for the full text.
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