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RBI Removes Paytm Payments Bank from Scheduled Banks List After Licence Cancellation

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RBI Removes Paytm Payments Bank from Scheduled Banks List After Licence Cancellation

Analysed 7 Oct 2026·4 sources analysed·Mumbai, India·Business
RBI Removes Paytm Payments Bank from Scheduled Banks List After Licence CancellationPreviousNext

The Reserve Bank of India (RBI) has officially removed Paytm Payments Bank (PPBL) from its list of recognised scheduled banks following the cancellation of its banking licence in April 2023. The RBI cited non-compliance with regulations and conduct detrimental to depositors' interests. The Delhi High Court later ordered the winding up of PPBL. Prior restrictions included halting new customer onboarding from March 2022 and imposing business limitations in early 2024. The removal was notified in July and published in the Gazette of India in September.

Sentiment
46%
TBN's observations

First-hand measurement across 4 sources

We measured how 4 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (46/100). Lens Score 51/100.

Outlets measured: freepressjournal, mint, economictimes, news18. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 4 sources · Published under editorial oversight by The Balanced News
Analysed 7 Oct 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (46/100)

Sentiment was consistent across outlets (45–48/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

news18 broke this story on 7 Oct, 12:46 pm. Other outlets followed.

7 Oct, 12:46 pm4 sources · 43 min7 Oct, 01:29 pm
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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  1. 1
    news187 Oct, 12:46 pm
    RBI removes Paytm Payments Bank from list of scheduled banks
  2. 2
    economictimes7 Oct, 12:47 pm
    RBI removes Paytm Payments Bank from list of scheduled banks
  3. 3
    mint7 Oct, 01:07 pm
    RBI removes Paytm Payments Bank from list of scheduled banks after cancellation of banking licence -- What we know Mint
  4. 4
    freepressjournal7 Oct, 01:29 pm
    RBI Removes Paytm Payments Bank From Scheduled Banks List After Cancellation Of Banking Licence

Accountability flags

TBN's analysis identified the following accountability dimensions in this story.

  • financial irregularity

    This story involves alleged financial misconduct — unexplained transactions, procurement irregularities, or misuse of public/shareholder funds.

Who's involved

Institutions and figures named across source coverage.

Government
Reserve Bank of India
Corporate
Paytm Payments Bank LimitedOne97 Communications Limited
Judiciary
Delhi High Court

Story context

Category
Business
Location
Mumbai, India
Sources analysed
4
Last analysed
7 Oct 2026
Key entities
PaytmBankReserve Bank of IndiaCentral bankDelhi High CourtInformation technologyIndiaReserve Bank of India Act, 1934Scheduled Banks (India)FintechStored-value cardAudit