He said that in the last 4 years, a direct transfer of Rs 2.5 lakh crore has been made into farmers' bank accounts under the PM-KISAN scheme without any middlemen interference.
While every sector and payment mode took a hit in the start and online payments declined by 30 per cent in early 2020, the ecosystem of small businesses
The lender's digital lending platform - Yono (You Only Need One App) - has achieved significant growth during the current financial year.
'Paytm customers will continue using all the services available on the platform without any fee.'
In a statement, Paytm Payments Bank said it is only behind the State Bank of India, which has the highest target for digital transactions.
The RBI's report said the 2018-19 agenda include taking effective steps to "further enhance" the levels of protection against cyber risks.
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