Paytm Payments Bank Voluntary Winding Up Post-RBI License Cancellation

Paytm Payments Bank Limited's Board and shareholders approved voluntary winding up following RBI's banking license cancellation effective April 24, 2026.
One 97 Communications confirms PPBL's winding up will not materially impact its business, operations, or financial condition.
The company maintains no exposure to PPBL and all Paytm services including UPI, app, and payment gateway continue uninterrupted.
Winding-up process timeline and consideration remain undeterminable, subject to regulatory and legal proceedings approval.