Paytm gets RBI preliminary nod for reviving wallet business 6 months after banking license was revoked

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1 min readUpdated: Nov 13, 2026 03:26 PM ISTRBI grants preliminary authorisation to Paytm for wallet services. (File Photo)Paytm’s payment services on Friday received preliminary authorisation from the Reserve Bank of India (RBI) to operate a payment system for issuing prepaid payment instruments, including wallets. This development sent the fintech firm’s shares to a record high of Rs 1,960.This is a developing story. Please refresh periodically for more updates.© IE Online Media Services Pvt Ltd Tags:businessAdvertisementLoading Recommendations...AdvertisementAdvertisement