Paytm falls again as regulator weighs canceling Bank permit
Monday, 5 February 2024 Paytm’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 startup. India’s banking regulator is weighing the removal of the permit after finding several lapses at Paytm Payments Bank including multiple transactions beyond regulatory limits, raising money-laundering concerns.
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..
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..
Deutsche Bank , to Cut 3,500 Jobs.
Germany's largest bank made
the announcement on Feb. 1.
3,500 job cuts amount to just below 4%
of Deutsche Bank's global workforce.
Back office roles will be..
Credit: Wibbitz Top Stories Duration: 01:30Published
Monday, 5 February 2024
![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)
![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)
![Deutsche Bank to Cut 3,500 Jobs [Video]](https://video.newsserve.net/300/v/20240201/1364597088-Deutsche-Bank-to-Cut-500-Jobs.jpg)
