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New Delhi, April 25 (IANS) The Confederation of All India Traders (CAIT) on Saturday hailed the decisive action taken by the Reserve Bank of India (RBI) in cancelling the licence of Paytm Payments Bank Limited (PPBL), seeking probe into the matter.This firm regulatory intervention is in the larger public interest and will help safeguard the hard-earned savings of millions of Indians who trusted the institution with their money, said the industry body in a statement.CAIT Secretary and BJP MP Prav…