Will Paytm be closed? RBI made official announcement?

According to RBI, some important features of Paytm will be closed from 29th February.

Ever since RBI has issued these guidelines, a question is coming in people's mind whether Paytm App will also be closed.

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Paytm itself has made an official announcement on this and has said that only the Wallet Air Paytm Payments Bank facilities may be canceled due to some personal reasons.

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It has come to light through social media that this big decision has been taken by Paytm for not paying tax to the Government of India for a long time.

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But a question is arising in the minds of people that whether Paytm will now eat up all the money that people have lying inside it.

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So for your information, let me tell you that you should withdraw all the money from your Paytm bank and wallet before 29th February.

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Because after 29th February you can neither deposit nor withdraw money from Paytm Bank and Paytm Wallet.

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After these guidelines of RBI, there has been a decline in the share price of Paytm.

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Paytm shares have seen a decline of 10% in a day.

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You people have no need to fear, Paytm will still work as it was working before, only you will be deprived of two facilities.

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