RBI 'Ban' on Paytm Payments Bank 

Paytm Payments Bank gave an “important update” after RBI directive.

After February 29, no debit or credit transactions, including wallet transactions, will be permitted

The RBI on Wednesday said that the Paytm Payments Bank cannot take deposits, offer credit services, or facilitate fund transfers from March

This means Paytm Payment Bank users won't be able to make any money transfers, bill payments, or UPI transactions through Paytm Bank after the specified date.