Thursday , April 18 2024

NHAI's big decision regarding Paytm Fastag, 2 crore users will be affected – News India Live

A big news has come out regarding Paytm FASTag, which will affect 2 crore users. National Highway Authority of India (NHAI) has issued an advisory for Fastag users. NHAI has appealed to only 32 banks to buy Fastag. The name of Paytm Payments Bank is not included in this. Paytm FASTag users will now have to purchase a new FASTag, as Paytm Payments Bank is no longer registered to provide FASTag facilities.

buy a new tag

Fastag will have to be purchased only from 32 banks. The name of Paytm Payments Bank is not included in this. Paytm Payments Bank has been removed from the list of purchasing Fastag. According to media reports, people who have received Paytm tag. They have to surrender it and purchase a new tag from a registered bank.

Can be used till 29th February

Regarding Paytm Fastag, RBI said that it cannot be used after February 29. That is, if you have Paytm Fastag. So you can use it till 29th February. After this the transaction will be stopped. According to media reports, Paytm Fastag users can surrender their tag, and buy the tag from another bank.

Which banks can you buy tags from?

Banks registered for Fastag include Airtel Payments Bank, Allahabad Bank, AU Small Finance Bank, Axis Bank, Bank of Baroda, Bank of Maharashtra, Canara Bank, Central Bank of India, City Union Bank, Cosmos Bank, Equitas Small Finance Bank, Federal Banks are included. Fino Payments Bank, HDFC Bank, ICICI Bank, IDBI Bank, IDFC First Bank, Indian Bank, IndusInd Bank, J&K Bank, Karnataka Bank, Karur Vysya Bank, Kotak Mahindra Bank, Nagpur Citizens Cooperative Bank, Punjab National Bank, Saraswat Bank, South Indian Bank, State Bank of India, Thrissur District Co-operative Bank, UCO Bank, Union Bank of India and Yes Bank.

Rise in Paytm shares

Paytm shares rose on Friday after falling in the last several days. Paytm shares today rose 0.20% to Rs. Trading at 325.70. However, the stock has fallen more than 21 percent in the last five days.