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Paytm’s wallet comeback gets a tentative RBI nod, Inc42 reports
Inc42 says technology and cybersecurity audits and final RBI authorisation still stand between Paytm and restarting wallets.
TLDR
Paytm Payments Services has received in-principle approval from the Reserve Bank of India to issue and operate digital wallets, Inc42 reports. That’s a step toward a comeback, not a restart: the company must complete technology and cybersecurity audits within six months and secure final RBI authorisation before resuming operations, according to the outlet.
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