The Reserve Bank of India (RBI) has directed Paytm Payments Bank to stop accepting fresh deposits, credit transactions, and top-ups in customer accounts from February 29, citing persistent non-compliances and supervisory concerns. This move follows an earlier directive in March 2022, halting the onboarding of new customers. Paytm Payments Bank, owned 49% by Paytm and 51% by founder Vijay Shekhar Sharma, faces significant regulatory challenges, impacting its operations and stock prices.