RBI includes ‘Paytm Payments Bank Limited’ in the Second Schedule of the RBI Act, 1934
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- Last Updated on 18 February, 2026
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CIRCULAR NO. RBI/2021-22/109, Dated 07.10.2021
The Reserve Bank of India (RBI) has included ‘Paytm Payments Bank Limited’ in the Second Schedule to the Reserve Bank of India Act, 1934 vide notification DoR.LIC.No.S926/16.03.006/2021-22 dated September 06, 2021 and published in the Gazette of India (Part III – Section 4) dated October 02-October 08, 2021. As per Section 2(e) of the RBI Act, a ‘scheduled bank’ means a bank included in the Second Schedule.
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