One 97 Communications Ltd

Paytm Payments Bank License Cancelled by RBI šŸ¦ | Paytm Services Unaffected

• RBI cancelled Paytm Payments Bank's banking license effective April 24, 2026

• Paytm has no financial exposure or material business arrangements with PPBL

• Paytm impaired its investment in PPBL as of March 31, 2024

• Paytm app, UPI, QR, Soundbox, card machines, payment gateway, and Paytm Money services continue operating normally

• PPBL operates independently with no board or management involvement from Paytm