Earlier this year, the Reserve Bank of India imposed restrictions on Paytm Payments Bank Limited (PPBL), preventing it from adding new UPI users

The company has received Finance Ministry’s approval for downstream investment from its parent, making it eligible to seek a payments aggregator licence again.

The company receiving a SEBI show-cause notice is not a new development, Paytm said in an exchange filing on Monday.

The fintech giant Paytm has agreed to sell its entertainment ticketing business to Zomato for ₹2,048 crore.