"Payments Bank"
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![Paytm Payments Bank Fined Over Rs. 5 Crore by India's Financial Intelligence Unit | Oneindia News [Video]](https://video.newsserve.net/300/v/20240302/1367465230-Paytm-Payments-Bank-Fined-Over-Rs-Crore.jpg) Paytm Payments Bank Fined Over Rs. 5 Crore by India's Financial Intelligence Unit | Oneindia News Credit: Oneindia Duration: 02:01Published | |
![Paytm CEO Vijay Shekhar Sharma resigns amid regulatory challenges | Oneindia News [Video]](https://video.newsserve.net/300/v/20240227/1366933098-Paytm-CEO-Vijay-Shekhar-Sharma-resigns-amid-regulatory.jpg) Paytm CEO Vijay Shekhar Sharma resigns amid regulatory challenges | Oneindia News Credit: Oneindia Duration: 02:26Published | |
![RBI extends deadline for restrictions on Paytm Payments Bank Transactions till March 11 | Oneindia [Video]](https://video.newsserve.net/300/v/20240216/1365939428-RBI-extends-deadline-for-restrictions-on-Paytm-Payments.jpg) RBI extends deadline for restrictions on Paytm Payments Bank Transactions till March 11 | Oneindia Credit: Oneindia Duration: 02:03Published | |
![Paytm Shares Plunge 20% After RBI Restrictions on Payments Bank | Oneindia News [Video]](https://video.newsserve.net/300/v/20240201/1364537884-Paytm-Shares-Plunge-20-After-RBI-Restrictions-on.jpg) Paytm Shares Plunge 20% After RBI Restrictions on Payments Bank | Oneindia News Credit: Oneindia Duration: 03:02Published | |
![RBI Bars Paytm Payments Bank: UPI and Deposits Restricted | Oneindia News [Video]](https://video.newsserve.net/300/v/20240131/1364494757-RBI-Bars-Paytm-Payments-Bank-UPI-and-Deposits.jpg) RBI Bars Paytm Payments Bank: UPI and Deposits Restricted | Oneindia News Credit: Oneindia Duration: 02:26Published | |
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NHAI drops Paytm Payments Bank from FASTag list: Here's how to close or transfer your accountIndian 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 accountIHMCL has advised highway users to FASTags from 32 authorised banks without Paytm Payments Bank (PPBL) for smooth travel.DNA - Published | |
Fastag users need to shift to another bankRBI clarifies that while Paytm Payments Bank functions will cease, UPI payments will continue for non-PPBL customers. Paytm app, QR codes, and other services will also work for non-PPBL accounts...IndiaTimes - Published | |
RBI gives Paytm 15 days more before curbs kick inRBI on Monday relaxed the deadline on most of the restrictions imposed on Paytm Payments Bank to March 15 from Feb 29, including accepting fresh deposits. It also clarified that QR codes and soundboxes..IndiaTimes - Published | |
RBI Gives 15-Day Relaxation To Paytm: Check What You Can Do And What Can'tUsers with savings or current accounts with Paytm Payments Bank can continue to withdraw money and use their debit cards until March 15, 2024.Zee News - Published | |
Paytm Crisis: Big update by RBI on restrictions on Paytm Payments Bank; check detailsRBI has extended the deadline for Paytm Payments Bank (PPBL) restrictions to March 15.DNA - Published | |
Paytm crisis deepens: Brand's name removed from important list of...The road-tolling authority released a list of 32 banks that were authorised to issue new FASTags for vehicles, but Paytm Payments Bank was left off of it, adding fuel to the ongoing controversy..DNA - Published | |
Big Update For Paytm FASTag Users! Paytm Not In List Of 32 Banks That Can Issue New FASTagsThe Reserve Bank of India had few days ago issued a crucial directive to Paytm Payments Bank (PPBL) ordering the lender to cease taking deposits or top-ups in any user accounts, wallets, FASTTags, and..Zee News - Published | |
Paytm shares plunge another 5%; investors lose Rs 27,000 crore in 11 days as stock in downward spiralPaytm share price today: Shares of One 97 Communications, the parent company of Paytm, dropped 5% after officials from the Directorate of Enforcement (ED) questioned Paytm Payments Bank officials..IndiaTimes - Published | |
ED questions Paytm executives on RBI-flagged 'irregularities'Senior officials from Paytm have appeared before the Enforcement Directorate in connection with suspected irregularities reported by the Reserve Bank of India lately. The regulator had prohibited the..IndiaTimes - Published | |
Rs 26,000 crore lost in 10 days! Paytm Payments Bank ban by RBI leaves Paytm shares gaspingPaytm share price today: Shares of One 97 Communications, the parent company of Paytm, have dropped by up to 9% on the Bombay Stock Exchange due to the shift of kirana stores away from the 'Paytm Karo'..IndiaTimes - Published | |
Paytm Payments Bank Ban: From Paytm migration to RBI’s stand - Top 10 facts and developments you should knowIndiaTimes - Published | |
Another blow for Paytm! Macquarie cuts target price in fresh downgrade; shares crash 10%Paytm shares experience a significant decline of up to 9.88% after global broking firm Macquarie downgraded the company. Macquarie expressed concerns about Paytm's risk of customer exodus and reduces..IndiaTimes - Published | Axis Bank open to partnering with Paytm for new business: CEOAxis Bank is in negotiations with Paytm about cross-business cooperation opportunities. The bank, which previously collaborated with Paytm, is now exploring new areas of partnership following the RBI's..IndiaTimes - Published |
No review of curbs on Paytm Bank: RBI governor Shaktikanta DasThe Reserve Bank of India (RBI) on Monday ruled out a reconsideration of its decision to put severe restrictions on Paytm Payments Bank's activity and stated that it will release thorough FAQs this..IndiaTimes - Published | 'Our priority is...': RBI Governor Shaktikanta Das on review of action taken against Paytm Payments BankRBI, he said, is not against any fintech but its prime objective is to protect the interest of customers and depositors.DNA - Published |
Now, Centre examining FDI from China in Paytm Payments ServicesDays after Reserve Bank of India's (RBI) big crack down on Paytm's Payments Bank, sources said on Sunday that government is now examining foreign direct investments from China in the fintech company's..IndiaTimes - Published | Paytm to set up advisory panelOne 97 Communications, Paytm's parent company, forms an advisory committee chaired by M Damodaran to enhance compliance. The move aims to strengthen corporate governance amidst RBI's curbs on Paytm..IndiaTimes - Published |
Paytm Bank board alerted by RBI on non-complianceRBI held discussions with Paytm Payments Bank before taking action. Two directors resigned. Paytm management is lobbying for the bank's survival. RBI follows a strategy of engaging with management and..IndiaTimes - Published | Paytm to form advisory panel on compliance, regulatory mattersThe directive from the RBI last week instructed Paytm Payments Bank to halt its business operations, including deposits, credit products, and its widely used digital wallets by February 29. RBI..IndiaTimes - Published |
EPFO limits transactions in EPF accounts linked to Paytm Payments Bank; check the details hereStarting from February 29, 2024, customers of Paytm Payments Bank can no longer make deposits or credit transactions, but can withdraw balances and settle pending transactions until March 15, 2024.IndiaTimes - Published | Worried about Paytm UPI & FASTag migration? RBI to meet NPCI, NHAI officials to rescue Paytm customersThe Reserve Bank of India (RBI) will hold a meeting with stakeholders, including the National Highways Authority of India (NHAI) and the National Payments Corporation of India (NPCI), to discuss the..IndiaTimes - Published |
Paytm downloads drop, PhonePe gainsPaytm's daily app downloads on Google Play Store dropped to 1.4 lakh amid regulatory scrutiny, while PhonePe's surged to 5.5 lakh post-RBI restrictions on Paytm Payments Bank. BHIM and Google Pay also..IndiaTimes - Published | Action on Paytm because of 'persistent non-compliance': RBIRBI indicated ongoing issues beyond KYC compliance with Paytm Payments Bank, with restrictions unlikely to be lifted. The regulator clarified the ban applies to PPBL and the digital wallet but not the..IndiaTimes - Published |
Why RBI Taken Action Against Paytm Payments Bank? Check What Governor Shaktikanta Das SaysGovernor Das emphasized the RBI's reliance on bilateral engagement with regulated entities, focusing on nudging them towards corrective actions.Zee News - Published | Paytm shares rally 10% as co sticks to 'no probe' claimThe parent company of Paytm, One97 Communications, saw its shares rise for a second day on Wednesday, reaching the 10% upper circuit. The stock increased in anticipation that third-party UPI app..IndiaTimes - Published |
Paytm Payments Bank crisis: Rivals looking to fish for top talent from Paytm?Paytm's competitors in the fintech industry are actively seeking to hire tech and sales professionals from Paytm, capitalizing on the central bank's crackdown on Paytm's payments bank unit. Recruitment..IndiaTimes - Published | Startup founders ask RBI to review curbs on PaytmA collective of startup founders has penned a letter to RBI Governor Shaktikanta Das and Finance Minister Nirmala Sitharaman, urging the regulator to "reassess" its imposition of stringent limitations..IndiaTimes - Published |
Paytm dives 42% in 3 days, rivals eye its merchant bizFor the third consecutive session, Paytm's stock plummeted by 10% on Monday, hitting the lower circuit amidst concerns regarding its payments bank operations. Meanwhile, competing payment firms set..IndiaTimes - Published | Paytm denies reports on selling its wallet business, calls them speculationsPaytm on Monday denied reports that it is in talks with a few interested investors to sell its wallet business, amid the Reserve Bank of India’s (RBI) ban on the Paytm Payments Bank. Earlier today, a..BGR India - Published |
Paytm falls again as regulator weighs canceling Bank permitPaytm’s stock fell for a third straight day as India’s central bank considers scrapping the license of Paytm Payments Bank Ltd., adding to the mounting troubles at the once-celebrated fintech..IndiaTimes - Published | Paytm wallet business reportedly on sale, Mukesh Ambani’s Jio in talks to acquire itPaytm’s wallet business is reportedly the first victim of the Reserve Bank of India’s (RBI) ban on Paytm Payments Bank. The central bank, for the unversed, announced a ban on Paytm’s Payments..BGR India - Published |
Paytm Customers More Than Welcome To SBI, Says Chairman KharaThe RBI on January 31 directed Paytm Payments Bank to stop accepting deposits or top-ups in any customer accounts, wallets, Fastags and other instruments after February 29.Zee News - Published | Explainer: Paytm Payments Bank Crisis And What It Means For Customers, Why Did It Come Under RBI Lens?Paytm wallet customers can use money till the time their balance is exhausted, however they cannot add money after February 29 after the RBI decision.Zee News - Published |
No ED investigation either against company or CEO, says PaytmThe Enforcement Directorate is not investigating One97 Communications or its Founder and CEO Vijay Shekhar Sharma for money laundering. Paytm denies any involvement in anti-money laundering activities..IndiaTimes - Published | 1 PAN, 1000 accounts: How Paytm Payments Bank came under RBI radar, know hereThe Enforcement Directorate will probe Paytm Payments Bank if any evidence of illegal activity is found, Revenue Secretary Sanjay Malhotra told Reuters on Saturday.DNA - Published |
Paytm Payments Bank may face ED scrutiny over KYC-linked lapsesThe Enforcement Directorate is considering investigating allegations of KYC-related failures by Paytm Payments Bank, which were reported by the Reserve Bank of India a few months ago. These violations..IndiaTimes - Published | RBI found thousands of Paytm Payments Bank accounts set up improperly: ReportThe Reserve Bank of India (RBI) is concerned that some of the accounts could have been used for money laundering, the sources said, speaking on condition of anonymity.DNA - Published |
REVEALED: Reasons behind RBI's strict action against Paytm Payments BankPaytm Payments Bank, an associate of One 97 Communications Limited (OCL), said it is taking "immediate steps" to comply with the RBI's directions.DNA - Published | Paytm crashes 20% again, Morgan Stanley hits ‘buy’Despite assurances from Paytm management to investors that the company would distance itself from Paytm Payments Bank following RBI's imposition of severe restrictions on its operations, the street..IndiaTimes - Published |
Alleged KYC violations, laundering fears led to Paytm Payments Bank curbsIndiaTimes - Published | RBI bans Paytm Payments Bank: 5 Things you need to about the fiascoRBI recently directed Paytm Payments Bank from onboarding new customers. In addition to that, RBI’s circular put a hold on credit transactions or deposits in the Paytm Payments Bank among other..BGR India - Published |
Paytm RBI saga shouldn’t worry you, Vijay Shekhar Sharma respondsPaytm’s associate bank, called Paytm Payments Bank, recently received the Reserve Bank of India’s (RBI) directions in response to which Paytm’s Founder and CEO Vijay Shekhar Sharma assured users..BGR India - Published | Will Paytm Keep Working Beyond 29 February? Company Founder Vijay Shekhar Sharma Says THIS On TwitterThe RBI had on January 31 issued directive to Paytm Payments Bank (PPBL) ordering the lender to cease taking deposits or top-ups in any user accounts, wallets, FASTTags, and other instruments after..Zee News - Published |
Paytm to delink from Payments Bank, will partner with othersIndiaTimes - Published | 'We will...': Paytm CEO Vijay Shekhar Sharma breaks silence on RBI curbs on Payments BankShares of Paytm crashed by 20 per cent to Rs 609 after RBI curbs.DNA - Published |
