Pytm Pymnts Bnk (PPBL) ws n ndn pymnts bnk, fndd n 2017 nd hdqrtrd n Nd. n th sm yr, t rcvd th lcns t rn pymnts bnk frm th Rsrv Bnk f nd nd ws lnchd n Nvmbr 2017. n 2021, th bnk rcvd schdld bnk stts frm th RB.
Vjy Shkhr Shrm hlds 51 prcnt n th ntty wth n97 Cmmnctns hldng 49 prcnt. Vjy Shkhr Shrm s th prmtr f Pytm Pymnts Bnk, nd n97 Cmmnctns Lmtd s nt ctgrzd s n f ts prmtrs. H rsgnd s prt-tm nn-xctv chrmn nd brd mmbr f Pytm Pymnts Bnk, ctng rgltry chllngs wth th Rsrv Bnk f nd.
n 31 Jnry 2024, Pytm Pymnts Bnk ws stppd frm nbrdng nw cstmrs nt thr pltfrm, d t prsstnt nn-cmplnc nd cntnd mtrl sprvsry cncrns wthn th bnk. t ws ls tld t nt ccpt dpsts r crdt trnsctns r tp ps shll b llwd n ny cstmr ccnts, prpd nstrmnts, wllts, FSTgs, NCMC crds ftr 15 Mrch 2024. Th Rsrv Bnk f nd tk ths stp ndr Sctn 35 f th Bnkng Rgltn ct, 1949. ccrdng t th RB, ths dcsn md t ddrss crtn rrglrts n Pytm Pymnts Bnk's bnkng srvcs, nsrng cmplnc wth rgltry nrms.