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Ashneer Grover Criticizes RBI’s Action On Paytm Payments Bank

Ashneer Grover, one of the co-founders of BharatPe, has taken aim at the Reserve Bank of India (RBI) for its strict regulations against Paytm Payments Bank Limited (PPBL), a significant partner of the digital payments startup Paytm. Ashneer Grover said, “I don’t understand RBI. Clearly RBI does not want FinTechs in business – of late all regulations / moves are against Fintechs. Such moves will kill the sector altogether. The @FinMinIndia@nsitharaman@PMOIndia centrestoryneed to step in.”

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