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Paytm Says Profitability Is Around The Corner, But What’s The True Picture?
Paytm is relying on its loyal merchants userbase as next drivers of growth engine as it aims to achieve profitability soon, ...
India's financial crime fighting agency says Paytm violated foreign exchange rules
India's financial crime fighting agency said on Monday its investigation revealed that payment services provider Paytm and ...
moneycontrol.com1y
Paytm Payments Bank
The RBI had restricted Paytm Payments Bank from accepting deposits or facilitating credit transactions in customer accounts, including prepaid instruments and wallets. Paytm shares surged over 8 ...
Business Today1y
Paytm crisis: One97 Communications shifts nodal account to Axis Bank for seamless transactions
Paytm parent One97 Communications on Friday said it has shifted its nodal account to Axis Bank from Paytm Payments Bank. This was declared in a regulatory filing. The move will allow continuity of ...
India's Paytm receives notice from financial crime fighting agency, sees no business impact
India's Paytm received a show cause notice from India's financial crime fighting agency on Saturday for allegedly violating ...
moneycontrol.com1y
Crisis timeline: Here is what has happened so far at Paytm Payments Bank
On January 31, the Reserve Bank of India (RBI) imposed major business restrictions on Paytm Payments Bank Ltd (PPBL), including a bar on accepting fresh deposits and credit transactions after ...
Business Insider India3y
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 ...