REVEALED: Reasons behind RBI's strict action against Paytm Payments Bank
Saturday, 3 February 2024 Paytm Payments Bank, an associate of One 97 Communications Limited (OCL), said it is taking "immediate steps" to comply with the RBI's directions.
Discover the latest on India's financial landscape as Paytm faces a significant setback with a 20% plunge in its shares after RBI's regulatory actions on its payments bank. Join us for a deep dive into the implications for Paytm's future, market concerns, and the unfolding story of India's digital...
Paytm CEO Vijay Shekhar Sharma has resigned as non-executive chairman and board member of Paytm Payments Bank amid regulatory challenges faced by the digital payments giant.
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Catch the latest update as the Reserve Bank of India (RBI) grants Paytm a second chance, extending the deadline for halting transactions to March 15. Dive into the details of this development and its..
The RBI has clarified that the migration of UPI handles is applicable only to such customers and merchants who have a UPI handle ‘@Paytm’. For others who... Zee News
The directive from the RBI last week instructed Paytm Payments Bank to halt its business operations, including deposits, credit products, and its widely used... IndiaTimes
Governor Das emphasized the RBI's reliance on bilateral engagement with regulated entities, focusing on nudging them towards corrective actions. Zee News