Delhi High Court orders winding-up of Paytm Payments Bank after RBI licence cancellation
The Delhi High Court has ordered Paytm Payments Bank’s winding-up after the RBI cancelled its banking licence, citing management concerns, depositor risk and non-compliance with payments-bank licence conditions.
Delhi High Court ordered Paytm Payments Bank’s winding-up after the RBI cancelled its banking licence on April 24, 2026, citing detrimental management, depositor-risk concerns and non-compliance with payments-bank licence conditions.
Why this matters
The ruling follows recent Paytm Payments Bank signals reporting that Paytm says its app and UPI services continue and that a former SBI executive was appointed liquidator.
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