Aditya Birla Idea Payments Bank ceased to be banking company: RBI
"We advise that the 'Aditya Birla Idea Payments Bank Limited' has ceased to be a banking company within the meaning of the Banking Regulation Act, 1949 with effect from July 28, 2020....," one of the notifications said.
Aditya Birla Idea Payments Bank has ceased to be a banking company within the meaning of the Banking Regulation Act, the Reserve Bank said on Thursday. Photo: Reuters