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Paytm crisis: RBI to not review action against Paytm Payments Bank
Paytm crisis: Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the central bank’s regulatory action against the fintech’s payments ... details of the case said that such ...
Paytm Shares Regain Lost Ground Since RBI’s January Crackdown
Paytm’s shares are on course to erase losses suffered since the Indian central bank’s crackdown on its payment business ...
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What's next for Paytm after RBI's clampdown on Paytm Payments Bank?
In a surprising development that has sent shockwaves through India's fintech sector, the Reserve Bank of India (RBI) on Wednesday issued a stern directive to Paytm Payments Bank, the banking arm ...
Indian payments firm Paytm's shares jump as nod for new UPI users clears key risk
Shares of Paytm rose 5% on Wednesday after India's payments regulator said the fintech company could sign new users for its ...
Business Insider India2y
RBI stops Paytm Payments Bank from opening new accounts
The RBI on Friday asked Paytm Payments Bank to stop opening new accounts amid “material supervisory concerns” observed in the bank. “Reserve Bank of India has today, in exercise of its ...
inc428mon
No FEMA Violations Detected At Paytm Payments Bank
The development comes days after the ED initiated a preliminary inquiry into the operations of Paytm Payments Bank amid RBI ... case of Prevention of Money Laundering Act (FEMA) violations against ...
India's Paytm posts narrower Q/Q loss before exceptional item on payments business recovery
On a net basis, Paytm reported its first-ever profit since listing, with a consolidated net profit of 9.28 billion rupees ...
inc428mon
RBI To Meet NHAI, NPCI, Other Stakeholders To Chart Course For Migration Of Paytm Users
The RBI is set to have a meeting ... have requested the central bank to share their report on the recent action against Paytm Payments Bank. Additionally, a clutch of Indian startup founders ...
Business Today6mon
Paytm Crisis: Can Founder Vijay Shekhar Sharma Still Save the Fintech Major?
Paytm Founder Vijay Shekhar Sharma is back in the trenches after RBI’s recent action ... the Reserve Bank of India (RBI) took action against its associate entity, Paytm Payments Bank Ltd ...
Forbes8mon
Digital Payments Giant Paytm Faces Regulatory Hurdles: Lessons For Fintech's Future
India's digital payment ... recent accusations of financial impropriety by the Reserve Bank of India (RBI) triggered severe actions, including the suspension of new deposits into Paytm accounts ...
Your Story11mon
Fintechs weigh in on the impact of RBI’s move on unsecured loans
The Reserve Bank of India (RBI) on Thursday ... requirements for Paytm's lending partners will affect product profitability in buy now, pay later (BNPL). In its base case earnings, the brokerage ...
Business Insider India1y
Payment processing and subscription revenues: Two key margin drivers behind Paytm’s strong growth
As the pioneer of mobile payments and QR technology, Paytm ... In some cases, select installations also receive additional incentives from partner banks, the Reserve Bank of India (RBI), and ...