Paytm said Thursday that it will cease work with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from ...
India’s central bank has extended the deadline for some business restrictions on Paytm’s Payments Bank to March 15 in “larger public interest,” dashing hopes of any major concessions but allowing ...
This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.' ...
India's central bank said Thursday it takes supervisory actions and imposes business restrictions only after "persistent non-compliance" with rules, its first comment after a clampdown on Paytm last ...
BENGALURU/MUMBAI, Feb 1 (Reuters) - Indian digital payments firm Paytm PAYT.NS lost a fifth of its market value on Thursday after the central bank ordered its payment bank to halt its business, ...
The Reserve Bank of India (RBI) widened its curbs on Paytm's Payments Bank, which processes transactions for financial services giant Paytm, barring it from offering many banking services, including ...
Paytm’s stock fell for a third straight day as India’s central bank considers scrapping the license of Paytm Payments Bank Ltd., adding to the mounting troubles at the once-celebrated fintech startup.
BENGALURU, Jan 31 (Reuters) - The Reserve Bank of India on Wednesday restricted Paytm Payments Bank Ltd from fresh deposits and credit transactions across its services, due to supervisory concerns. An ...
Paytm Payments Bank, which processes transactions for India’s digital payments giant Paytm, was barred from taking on new customers because it violated rules by allowing data to flow to servers abroad ...
BENGALURU, Feb 26 (Reuters) - Embattled digital payments firm Paytm (PAYT.NS), opens new tab said on Monday CEO Vijay Shekhar Sharma would step down as non-executive chairman and board member of its ...
With this new feature, NRIs can seamlessly use Paytm UPI for everyday payments, money transfers, and online transactions ...
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