PayTM
- Business
Paytm Payments Bank ban: Key changes come into effect post March 15
New Delhi: As the Reserve Bank of India’s (RBI) deadline to ban Paytm Payments Bank Limited (PPBL) ends on Friday, here are key changes for millions of Paytm users and merchants that…
- Business
NPCI allows Paytm to continue UPI operation via SBI, 3 other banks
Mumbai: Ensuring continuity in payment operations by Paytm users, the National Payments Corporation of India (NPCI) on Thursday allowed the company to continue UPI transactions through four banks — SBI, Axis Bank,…
- News
NHAI asks Paytm FASTag users to procure new one from another bank by Mar 15
New Delhi: NHAI has advised Paytm FASTag users to obtain a new FASTag from another bank before March 15 to ensure a smooth travel experience and avoid inconvenience at toll plazas, an…
- Business
Financial Intelligence Unit slaps Rs 5.49 cr penalty on Paytm Payments Bank
New Delhi: The Financial Intelligence Unit-India (FIU-IND) has imposed a penalty of Rs 5.49 crore on Paytm Payments Bank Ltd for violations of money laundering prevention rules, the Union Finance Ministry said…
- Business
Paytm, Paytm Payments Bank to discontinue inter-company pacts
New Delhi: Amid RBI’s action on its associate firm, One 97 Communications on Friday said the board has approved the discontinuation of inter-company pacts with Paytm Payments Bank to reduce dependencies. The…
- Business
RBI action on Paytm Bank has drawn fintechs’ attention to compliance: Chandrasekhar
New Delhi: The Reserve Bank’s regulatory action on Paytm Payments Bank has drawn the attention of fintech firms to the importance of complying with laws, Union Minister Rajeev Chandrasekhar has said. The…
- India
Paytm takes Axis Bank’s help for QR, Soundbox & card machine functioning
New Delhi: Fintech firm One97 Communications — owner of the brand Paytm — has shifted its nodal account to Axis Bank from Paytm Payments Bank. The move will allow continuity of Paytm…
- India
Paytm Payments Bank: RBI extends deadline till Mar 15 to stop transactions
Mumbai: The RBI on Friday gave 15 days more till March 15, 2024 to Paytm Payments Bank Ltd (PPBL) to stop deposits, credit transactions or top-ups in any customer accounts, wallets, and…
- News
Paytm shares rebound after three days of heavy fall
New Delhi: Shares of One97 Communications Ltd, which owns the Paytm brand, rebounded on Tuesday after three days of sharp fall. The stock jumped 7.79 per cent to Rs 472.50 during the…
- India
Money laundering concerns and KYC non-compliance led to ban on Paytm Bank by RBI
New Delhi: Money laundering concerns and questionable dealings of hundreds of crores of rupees between popular wallet Paytm and its lesser-known banking arm had led Reserve Bank of India to clamp down on…
- Business
Paytm app will continue to work beyond Feb 29 as usual: CEO Vijay Shekhar Sharma
New Delhi: Digital payments and services app Paytm is working and will continue to work as usual even after February 29, its CEO Vijay Shekhar Sharma said on Friday. The founder and…
- India
Paytm shares slump 20 pc; hit lower circuit limit
New Delhi: Shares of One97 Communications Ltd, which owns Paytm brand, plummeted 20 per cent on Thursday as the RBI directed Paytm Payments Bank Ltd (PPBL) to stop accepting deposits or top-ups…