Policy Event ยท High impact

RBI Announces Winding Up Of Paytm Payments Bank

The Reserve Bank of India announced the winding up of Paytm Payments Bank after the Delhi High Court ordered liquidation following licence cancellation. The closure is a major payments-licensing enforcement endpoint and a warning for fintech, fiat-rail and crypto on-ramp counterparties in India.

High impact๐Ÿ‡ฎ๐Ÿ‡ณ IndiaLicensingEnforcementRBIPaytm Payments Bank

APAC FINSTAB analysis

For APAC operators, this creates a high-impact signal around licensing, enforcement in India. Named institutions or platforms: RBI, Paytm Payments Bank. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

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Related policy events

Kazakhstan Court Bars Six Unlicensed Crypto Platforms From AIFC Services

The AIFC Court granted AFSA injunctions barring Coinbase, BingX, Bitcoin.com, HTX, BitMart and WEEX from offering or advertising digital-asset services within the AIFC without authorisation. The action raises immediate geofencing, marketing, onboarding and wind-down control requirements for platforms serving the jurisdiction.

High impact๐Ÿ‡ฐ๐Ÿ‡ฟ KazakhstanEnforcementLicensingRegulation