Paytm Share Price in Focus as Paytm Payments Bank Announces Voluntary Winding Up After RBI Licence Cancellation

Paytm Payments Bank Limited (PPBL) has announced its decision to voluntarily wind up operations. This decision follows the Reserve Bank of India's (RBI) cancellation of its banking licence, effective April 24, 2026.  

The announcement was made after the Board of Directors and Shareholders of PPBL approved the necessary resolutions. 

RBI's Licence Cancellation and Subsequent Actions 

On April 24, 2026, the RBI issued a press release announcing the cancellation of PPBL's banking licence. In response, PPBL's Board of Directors and Shareholders convened on April 25, 2026, to approve resolutions for the winding-up process.  

The winding-up will proceed as instructed by the RBI or voluntarily with its permission. 

Once the winding-up order becomes effective, PPBL will cease to be an associate company of One 97 Communications Limited, the parent company of Paytm. 

Impact on One 97 Communications Limited 

One 97 Communications Limited has assured its shareholders and investors that the winding-up of PPBL will not materially impact its business, operations, or financial condition.  

The company continues to operate independently, adhering to applicable laws and regulations. 

One 97 Communications Limited has no exposure to PPBL or material business arrangements with it. Paytm's services, including the Paytm app, Paytm UPI, Paytm Gold, and others, will continue to operate without interruption. 

Financial Details and Future Steps 

PPBL did not contribute to the turnover, revenue, or net worth of One 97 Communications Limited in the last financial year. The expected date for the completion of the winding-up process is not determinable at this stage, as it is subject to regulatory and legal proceedings. 

Any consideration receivable by One 97 Communications Limited from the winding-up will be determined by the appropriate court or authority. 

Read More: State Bank of India Moves Maharashtra Circle Headquarters to Pune Amid Rising Activity! 

One97 Communications Share Price Performance  

As of April 24, 2026, at 3:30 PM, One97 Communications share price on NSE was closed at ₹1,147.35 down by 1.05% from the previous closing price. 

Conclusion 

The voluntary winding-up of Paytm Payments Bank Limited follows the RBI's cancellation of its banking licence. While this marks a significant change for PPBL, One 97 Communications Limited remains unaffected in terms of its business operations and financial health. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.