A top government official said that the matter between the RBI and Paytm Payments Bank has to be resolved at the level of the central bank, Paytm Payments Bank is a small bank and poses no ...
But Sharma did pivot to a UPI-first model backed by a payments bank he owned before RBI’s ban on PPBL upset the company's well-laid-out plans. A long road to redemption A year later, Paytm is ...
In January 2024, the RBI had ordered Paytm's unit Paytm Payments Bank to stop accepting new deposits in its accounts or digital wallets, citing supervisory concerns and persistent non-compliance with ...
Paytm is a stock for those who can handle volatility. Although a market leader in the payments landscape, regulatory ...
Get all latest & breaking news on Paytm Payments Bank. Watch videos, top stories and articles on Paytm Payments Bank at moneycontrol.com.
Vijay Shekhar Sharma has stepped down as chairman of Paytm Payments Bank after the bank ... 97 Communications Ltd (OCL), after the RBI ban on the bank operations from March 15.
It's an hour of reckoning for financial services firm Paytm, often touted as the poster boy of India's digital payments revolution. On January 31, the Reserve Bank of India (RBI) asked Paytm ...
Since then, we have enhanced our monitoring systems and reporting mechanisms to the FIU-IND,” a Paytm Payments Bank spokesperson said. Earlier in January, the Reserve Bank of India (RBI ...
The Reserve Bank of India (RBI ... the central bank said. How did it impact Kotak Mahindra? Speaking about the ban during the company’s third quarterly earnings call for Financial Year 2024-25 ...
Paytm, India’s leading payments and financial services company, announced today a strategic partnership with RBL Bank to provide its Soundbox and card machines to the bank’s merchant partners.