“Mujhe itna farq nahi para…” Voices from the streets of Delhi on the ongoing Paytm saga

Feb 11, 2024

New Delhi, Feb 11 (ANI): On Jan 31, Reserve Bank of India ordered Paytm Payments Bank to not onboard new customers. The institution also ordered Paytm not to undertake further deposits or credit transactions after Feb 29. RBI cited the “persistent non-compliance” behind their crackdown on Indian payment giant. However, users have exuded faith in Paytm and called it a “trusted partner” amid its crisis. From businessmen to street food owners in Delhi, Paytm has earned goodwill among its customers and continues to have significant market presence. Also, the RBI Deputy Chairman Swaminathan has clarified that RBI’s action didn’t impact the Paytm App.