The NHAI lists 30 payment banks, scheduled commercial and small finance banks, that are authorised for FASTag services, which the Indian Highways Management Company Ltd. manages This includes prominent entities such as Airtel Payments Bank, Axis Bank, HDFC Bank, ICICI Bank, and State Bank of India, among others.
What are FASTag services?
Paytm Payments Bank dispute and regulatory action
In the post-monetary policy committee (MPC) meeting on February 8, RBI Governor Shaktikanta Das announced plans to release a frequently asked questions (FAQs) document to address concerns regarding Paytm Payments Bank and other related matters raised by customers and merchants on the payment platform.
The RBI was also due to meet with NHAI and the National Payments Corporation of India (NPCI), among other stakeholders, sometime this week before releasing the FAQs.
First Published: Feb 16 2024 | 12:12 PM IST