Delhi High Court orders winding up of Paytm Payments Bank, appointing former SBI CGM Girikumar M. Nair as liquidator after RBI cancelled its licence in April for non-compliance; the move formally ends PPBL's banking operations.
HDFC Bank slaps ₹1 lakh penalty on CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head Arvind Vohra for divergence from RBI directions in the MSRDC case, sending shares down 1%.
