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"Payments Bank"

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Paytm Payments Bank Fined Over Rs. 5 Crore by India's Financial Intelligence Unit | Oneindia News [Video]

Paytm Payments Bank Fined Over Rs. 5 Crore by India's Financial Intelligence Unit | Oneindia News

Learn more about the recent penalty imposed by the Financial Intelligence Unit on Paytm Payments Bank, amounting to over Rs. 5 Crore. Get the latest updates on this significant development in the..

Credit: Oneindia     Duration: 02:01Published
Paytm CEO Vijay Shekhar Sharma resigns amid regulatory challenges | Oneindia News [Video]

Paytm CEO Vijay Shekhar Sharma resigns amid regulatory challenges | Oneindia News

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. #Paytm..

Credit: Oneindia     Duration: 02:26Published
RBI extends deadline for restrictions on Paytm Payments Bank Transactions till March 11 | Oneindia [Video]

RBI extends deadline for restrictions on Paytm Payments Bank Transactions till March 11 | Oneindia

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..

Credit: Oneindia     Duration: 02:03Published
Paytm Shares Plunge 20% After RBI Restrictions on Payments Bank | Oneindia News [Video]

Paytm Shares Plunge 20% After RBI Restrictions on Payments Bank | Oneindia News

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..

Credit: Oneindia     Duration: 03:02Published
RBI Bars Paytm Payments Bank: UPI and Deposits Restricted | Oneindia News [Video]

RBI Bars Paytm Payments Bank: UPI and Deposits Restricted | Oneindia News

The Reserve Bank of India (RBI) imposes stringent restrictions on Paytm Payments Bank, prohibiting UPI services and deposits after February 29, 2024. Learn more about the regulatory actions and their..

Credit: Oneindia     Duration: 02:26Published

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Summer cost of living payments to enter bank accounts - but they're not automatic

Struggling households will be able to access support this summer
Tamworth Herald - Published

Paytm shares drop 5% following resignation of COO Bhavesh Gupta

Paytm's parent company, One 97 Communications, faced share decline following the COO's resignation. Management changes include new CEOs for Paytm Payments Bank Limited and Paytm Money amidst regulatory..
IndiaTimes - Published

Daily average UPI payments at new high in April

The volume and value of UPI transactions decreased slightly in April compared to their all-time high level in March. However, the average daily transactions reached a new high, which indicates that the..
IndiaTimes - Published

Have the @Paytm UPI handle? Here’s how you can activate a new UPI ID on the Paytm app

RBI restricts Paytm Payments Bank from receiving money post-March 15, 2024. Users must switch from '@paytm' UPI handles to new ones like '@ptsbi' for SBI. Paytm integrates with major banks under NPCI's..
IndiaTimes - Published

Jio Financial profit rises 6% to 311 crore in March quarter

Jio Financial's March 2024 net profit was Rs 311 crore. They provide financing for phones, laptops, and EV batteries. Jio Payments Bank launched debit card and revamped savings account.
IndiaTimes - Published

Paytm begins user migration to new UPI IDs: Here’s what this means for you

Paytm has begun the user migration process from Paytm Payments Bank Limited (PPBL) to PSP Banks. It is starting with switching your UPI IDs.
BGR India - Published

Paytm Shares Decline 4 Per Cent After Paytm Payments Bank's CEO Surinder Chawla Resigns

Surinder Chawla joined PPBL in January last year after the payments bank received approval from the Reserve Bank of India.  
Zee News - Published Also reported by •IndiaTimes

Paytm Payments Bank CEO & MD Chawla resigns

Paytm Payments Bank (PPBL) has announced that its MD and CEO, Surinder Chawla, has resigned. The CEO's resignation comes at a time when the RBI has restricted the payments bank from doing most..
IndiaTimes - Published Also reported by •Zee News

What is an Aadhaar ATM? How to access India Post Payments Bank AePS services from home for urgent cash needs

India Post Payments Bank's Online Aadhaar ATM (AePS) service simplifies cash transactions at home using biometrics. Business Correspondents aid in accessing linked bank accounts. NPCI sets transaction..
IndiaTimes - Published

Paytm Payments Bank releases FAQs on closing FASTag accounts, refund


IndiaTimes - Published

Paytm Payments Bank Ban: Check 9 Key Changes That Will Come Into Effect Post March 15

On Friday, the National Payments Corporation of India (NPCI) granted approval to One97 Communications Limited (OCL), the parent company of Paytm, to participate in unified payments interface (UPI) as a..
Zee News - Published

Closing Paytm Payments Bank FASTag account? Here’s how you can check and manage your Paytm FASTag status

RBI bans PPBL from new services after March 15. NHAI advises new FASTag before deadline to avoid charges. Users must close accounts, avoid penalties. Unable to transfer balance, must request refund..
IndiaTimes - Published

Deadline alert! Here's what Paytm Payments Bank customers can and cannot do after March 15 - checklist

RBI imposes restrictions on Paytm Payments Bank, halting fresh deposits. FAQs detail post-March 15 services, including withdrawals, refunds, and cashbacks. Auto deductions info provided, suggesting..
IndiaTimes - Published

Paytm Payments Bank faces staff reduction; 20% workforce to be impacted: Report

Paytm Payments Bank cuts 20% of staff due to RBI deadline and compliance issues. Share price plunges 54%. Staff express frustration over layoffs despite earlier assurances. Bank adjusts staff based on..
IndiaTimes - Published

RBI clears 'interoperable' net banking payments

RBI governor Shaktikanta Das said the central bank has approved a platform that will facilitate online merchants to receive payments from any bank via internet banking, without signing up for every..
IndiaTimes - Published

Paytm Payments Bank, free Aadhaar updation, tax saving & more: 9 money deadlines in March 2024 that you should not miss

As the financial year ends, important deadlines in March 2024 include updating Aadhaar card, availing SBI FD schemes, and paying advance tax. Changes to the tax regime and SBI Card's minimum amount..
IndiaTimes - Published

Paytm Shares Fall 2.5% Following Government Penalty On Payments Bank

Earlier this week, Vijay Shekhar Sharma stepped down as part-time non-executive Chairman of PPBL and the board of the bank was reconstituted.
Zee News - Published

Paytm Payments Bank Fined Rs 5.49 Crore For Money Laundering, Penalised By Finance Ministry

The FIU issued its order imposing the penalty on February 15. 
Zee News - Published Also reported by •DNA

Can Paytm customers use their Paytm wallets after March 15? FAQs answered

Following RBI's instructions, Paytm Payments Bank Ltd. (PPBL) stopped accepting new clients. Paytm and PPBL ended inter-company agreements. Paytm announced plans for new partnerships with banks and the..
IndiaTimes - Published

Paytm discontinues inter-company agreements with Paytm Payments Bank before RBI deadline

The company had earlier announced to sign up new partnerships with other banks and take measures to provide seamless services for its customers and merchants.
DNA - Published Also reported by •Zee News

From GST to FASTag KYC: Six rules to change from March 1; check details

These new rules will result in significant changes which will have an impact on almost every user. Some of the important changes are related to Paytm Payments Bank, SBI Credit Card, FASTag KYC CNG and..
DNA - Published

DNA Explainer: Why Vijay Shekhar Sharma resigned as Paytm Payments Bank chairman

Paytm Payments Bank will now commence the process of appointing a new chairman.
DNA - Published

Paytm shares hit fresh upper circuit limit after RBI's advice to NPCI

Paytm shares surged 5% in early trade on Tuesday following the Reserve Bank of India's request for the National Payments Corporation of India (NPCI) to explore the option of Paytm Payments Bank..
IndiaTimes - Published

Paytm crisis: Why did Vijay Shekhar Sharma step down from Paytm Payments Bank board?

Paytm Payments Bank crisis: Amidst regulatory pressures, digital payments company Paytm announced on Monday that CEO Vijay Shekhar Sharma would step down from his roles as non-executive chairman and..
IndiaTimes - Published Also reported by •DNA

Fearing Job Loss, Paytm Payments Bank Employee Commits Suicide: Police

Indore police has said as per the preliminary investigation, Paytm staffer Gaurav Gupta was under stress for the last few days fearing that the company might close down and he might lose his job.
Zee News - Published

Vijay Shekhar Sharma steps down as Paytm Bank's chairman

Vijay Shekhar Sharma, the founder of Paytm Payments Bank, has resigned as the non-executive chairman of the bank's board, following the Reserve Bank of India's restrictions on the bank's operations...
IndiaTimes - Published Also reported by •Zee NewsDNA

What are FASTag charges? Check details for issuers - SBI, HDFC Bank, ICICI Bank, Airtel Payments Bank & more

The FASTag system allows drivers to pay toll charges seamlessly while driving. To use FASTag, drivers need to pay a one-time Tag Joining Fee, a refundable Security deposit, and maintain a Threshold..
IndiaTimes - Published

MobiKwik Unveils ‘Pocket UPI’ For Payments Without Linking Bank Account

‘Pocket UPI’ accepts card payments from any network, including RuPay, Visa, American Express, and Diners Club.
Zee News - Published

Paytm up by 5%, as RBI directs NPCI to review third-party app provider requests

One97 Communications shares, which operates under the brand name Paytm, hit 5 per cent upper circuit on Monday after RBI issued a directive to the National Payments Corporation of India (NPCI) to..
IndiaTimes - Published

RBI Directed NPCI To Assist Paytm UPI Operations

Starting March 15, 2024, Paytm Payments Bank will not be allowed to accept any further credits into its customer accounts and wallets, as per the directive from the RBI.
Zee News - Published

RBI announces more steps on Paytm, asks NPCI to examine...

RBI has barred Paytm Payments Bank from accepting further credits into its customer accounts and wallets after March 15, 2024
DNA - Published

Are You UPI Customer Using @Paytm Handle? RBI Takes Further Actions On Paytm Payments Bank --Check Important Details

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 have a UPI address or handle other than..
Zee News - Published

Paytm Payments Bank update: RBI announces more steps for UPI customers using @paytm handle

The Reserve Bank of India (RBI) has announced additional measures to ensure smooth digital payments for customers using the @paytm handle. Paytm Payments Bank will no longer accept credits into..
IndiaTimes - Published

Entrepreneurs cannot live in denial of rules: Minister

Rajeev Chandrasekhar, union minister of state for electronics & technology, stressed the importance of compliance with government regulations for entrepreneurs and companies. He added that govt..
IndiaTimes - Published

Enforcement Directorate finds no FEMA violation in Paytm Payments Bank inquiry, says reports

The Enforcement Directorate has found no evidence of Foreign Exchange Management Act (FEMA) violations by Paytm Payments Bank Ltd (PPBL), as per reports. This comes amid media speculating about FEMA..
Zee News - Published

'Regulatory Compliance Not Optional, Prioritize It:' Union Minister Rajeev Chandrasekhar On RBI's Action On Paytm

Speaking in an interview with PTI, Chandrasekhar highlighted the case of Paytm Payments Bank as a reminder that compliance with regulations is non-negotiable. 
Zee News - Published

Will Your Salary Be Credited Into Your Account With Paytm Payments Bank After March 15? Check What RBI Says

After March 15, 2024, you will not be able to deposit money into your account with Paytm Payments Bank. 
Zee News - Published

RBI's action against Paytm draws 'attention of fintech entrepreneurs' towards compliance: IT minister Chandrasekhar

Union Minister of state for electronics and IT Rajeev Chandrasekhar highlighted the importance of regulatory compliance for fintech firms, stating that the Paytm Payments Bank case has drawn attention..
IndiaTimes - Published

NHAI drops Paytm Payments Bank from FASTag list: Here's how to close or transfer your account

Indian Highways Management Company Ltd (IHMCL), toll collecting authority of state-owned NHAI, has advised highway users to buy FASTags from 32 authorised banks which excludes Paytm Payments Bank.
DNA - Published

Paytm Fastag: RBI answers FAQs for customers, merchants; check last date to transfer account

IHMCL has advised highway users to FASTags from 32 authorised banks without Paytm Payments Bank (PPBL) for smooth travel.
DNA - Published

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