The RBI on 31 January directed PPBL to stop accepting deposits or top-ups in customer accounts, wallets, FASTTags, and other instruments after 29 February citing large-scale non-compliance of regulations and supervisory concerns.
"At the moment let me say very clearly, there is no review of this decision. If you are expecting a review of the decision, let me very clearly say there is no review of the decision and nothing is on the table," Das said at a press conference after a meeting of the RBI's central board of directors. The meeting was also addressed by finance minister Nirmala Sitharaman.
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