The RBI's clampdown on Paytm has created confusion for millions of customers and raises questions about the Indian central bank's opacity and regulatory actions (Menaka Doshi/Bloomberg)

Menaka Doshi / Bloomberg:

The RBI’s clampdown on Paytm has created confusion for millions of customers and raises questions about the Indian central bank’s opacity and regulatory actions  —  Multiple Penalties, Yet Stakeholders Stunned By Paytm Bank Wreck.  Why?  —  The financial meltdown of a digital payments pioneer …