Now, Centre examining FDI from China in Paytm Payments Services
Sunday, 11 February 2024 Days 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 payment aggregator subsidiary.According to a PTI report, government is inspecting Chinese investments into Paytm Payments Services Ltd (PPSL), which has applied for licence with RBI to operate as a payment aggregator.
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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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..
Government is examining FDI from China in Paytm Payments Services, the payment aggregator subsidiary of One97 Communications, sources said. In Nov 2020, Paytm... IndiaTimes
Sunday, 11 February 2024
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