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Paytm will keep working beyond Feb 29: Vijay Shekhar Sharma allays user fear

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Content Team
Image Credit: english.bharatexpress.com

Paytm CEO, Vijay Shekhar Sharma, addressed user concerns on Friday following the RBI's order to halt new deposits to Paytm Payments Bank. The directive was issued on Wednesday, instructing the fintech firm to cease all banking activities by the end of February. Despite the restrictions, existing customers are free to withdraw funds and reduce balances in their prepaid cards or wallets without any limitations.