The Reserve Bank of India (RBI) has discovered thousands of improperly created Paytm Payments Bank accounts, a detail which has been passed to the Enforcement Directorate, India's financial crime-fighting agency, for investigation. The RBI has previously expressed concern over the relationship between Paytm and its banking business, leading to the suspension of most of Paytm Payments Bank's operations on 4 February. Despite the company's claims of never being investigated by the Enforcement Directorate directly, some merchants using its platform have been under scrutiny. With these developments, Paytm is now facing an uncertain future as the RBI is contemplating the revocation of the bank's license.