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 ...

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 ...

The Enforcement Directorate on Monday said it has issued a Rs 611 crore show cause notice to Paytm's parent company and linked entities for "contravention" of the FEMA on various counts.

The Enforcement Directorate on Monday said it has issued a Rs 611 crore show cause notice to Paytm's parent company and linked entities for "contravention" of the FEMA on various counts.

The show cause notice has been issued to Paytm's flagship company One 97 Communication limited (OCL), its managing director and other Paytm subsidiary companies.

With this, Paytm has become the fourth fintech entity to cut ties with Juspay, following PhonePe, Razorpay, and Cashfree.

The Enforcement Directorate said on Monday its investigation revealed that payment services provider Paytm and its units had violated the Foreign Exchange Management Act to the tune of Rs 6.11 billion ...

(Reuters) -India's financial crime fighting agency said on Monday its investigation revealed that payment services provider Paytm and its units had violated the country's Foreign Exchange ...

India's Financial Crime Fighting Agency Says Paytm Violated Foreign Exchange Rules (Reuters) -India's financial crime fighting agency said on Monday its investigation revealed that payment ...