Paytm Payment Bank

According to NPCI, users will receive a daily transaction history of all the payments made through UPI LITE as an SMS from their banks.

Shares of Bharti Airtel may plunged up to 7 per cent on breaking 200-DMA, while Paytm shares need to holds above its 200-DMA to upheld the positive stance.

Paytm Payments Bank Limited (PPBL) on Wednesday said it has gone live with UPI LITE, a feature enabled by the National Payments Corporation of India (NPCI) for multiple small UPI transactions.

Paytm Payments Bank has emerged as the biggest receiver of UPI amount with 926.17 million transactions while public sector bank SBI topped the chart of being the biggest remitter in December

This follows a directive from the Reserve Bank of India

When it comes to safety, this card will be on a par or perhaps even better

RBI revealed the payments bank failed to maintain the prescribed net worth limit of Rs 1 billion and the bank also violated the end-of-the-day Rs 100,000 limit per account

The payments bank will launch its services first in Uttar Pradesh and then expand to the northeast

The bank had received approval from the RBI last year, along with 11 others