The RazorpayX account, in partnership with RBL bank, is operating as usual with no changes. The RazorpayX dashboard, mobile app, and APIs are working as per expectations.
The Reserve Bank of India (RBI) has issued a statement stating that “RBL is well capitalised and the financial position of the bank remains satisfactory.” RBI also cautions depositors & other stakeholders to not react to these speculative reports. The statement can be found in its entirety here.
The RBL Bank has also issued a statement confirming the regular operation of all its banking services with no changes whatsoever. The entire statement can be found here.
Meanwhile, we are closely monitoring the situation and committed to providing you the best banking experience.
In case you need any assistance, please reach out to us and we would be happy to assist.
