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RBI cancels Paytm Payments Bank licence What it means for your UPI payments now
Business
Published on 24 April 2026
UPI may still work, but wallets and funds face uncertainty
RBI has cancelled the licence of Paytm Payments Bank Limited with immediate effect, triggering fresh worries among users about Paytm app services and Paytm UPI. While UPI operations may continue depending on underlying arrangements, the move raises questions about access to wallet balances, account features, and how payments and transfers will be handled going forward.
- RBI’s immediate licence cancellation affects Paytm Payments Bank services
- Users worry about whether Paytm UPI will keep working smoothly
- Wallet and balance access may be impacted as services change
- Paytm’s next steps will determine the on-ground user experience
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic