This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.' ...

Central Depository Services India (CDSL) has intensified its scrutiny of the know-your-customer (KYC) procedures employed by various entities under One 97 Communications Central Depository Services ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Last year the central bank told Paytm Payments Bank to stop ...

Paytm’s beta now lets NRIs sign in with international numbers and link NRE/NRO accounts to make UPI payments from 12 ...

The fine was imposed on the payments bank for violating norms related to cybersecurity and stringent monitoring of risk profiles of onboarded entities The deficiencies in regulatory compliances came ...

Indian mutual funds have more than doubled their stake in One97 Communications, Paytm’s parent, rising to 16.25% in September ...

India’s Paytm has secured a vital license it needed to survive and maintain continuity of several core features of its eponymous payments app, a day before the firm’s banking unit is scheduled to ...

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 ...

Paytm is shuffling one of its biggest businesses to meet new central bank rules, transferring its offline merchant payments arm, which handles QR codes, soundboxes and card machines, into its payments ...