Paytm Crisis
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RBI Action On Paytm Payments Bank Not Impacting Merchants' Trust, Says Survey
The reason behind merchants' confidence is the fact that a Paytm representative reached out to them after the RBI decision.
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Paytm Set To Retain Customers Despite Crisis, Says Brokerage Firm UBS
UBS also expects gradual improvement in Paytm's EBITDA margin, averaging eight per cent from financial year 2024 to 2028.
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Paytm Shifts Nodal Account to Axis Bank, RBI Extends Unit Wind-Down Date to March 15
Paytm Payments Bank has been granted additional time by the RBI to wind down its operations in the country, the central bank announced on Friday. Customers won't be able to add fresh funds to their Paytm Payments Bank accounts after March 15 Meanwhile, parent firm One97 Communications has signed on a new banking partner to try to survive the ongoin...
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Paytm Crisis: Non-Bank Lenders Said to Explore Options for Loan Disbursal
Amid the ongoing Paytm crisis, Indian non-bank lenders are looking at options other than the beleaguered firm for loan disbursal. These lenders are said to be worried about the regulatory crisis engulfing Paytm that has led to a temporary halt of lending services.
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Paytm Fiasco Shows the RBI Doesn't Understand Payments
The RBI could have handled the crisis at Paytm better. In barring the company from onboarding new customers from February 29, it has triggered a crisis of confidence among crores of users
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Vijay Shekhar Sharma Revolutionised Digital Payments When Cash Was King
Vijay Shekhar Sharma, one of the most recognised faces of India's fintech industry, is facing a big crisis in a race to save his revolutionary digital payments firm - Paytm.
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Startup Rockstar, Paytm CEO Vijay Shekhar Sharma, Battles Regulatory Crisis
A rags-to-riches tale, Vijay Shekhar Sharma is no stranger to controversy. Now, India's startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a backer.
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Paytm CEO Says Firm Chasing $1 Billion Goal, Seeks to ‘Rewind-and-Reset’ Fintech Pioneer After IPO Fiasco
Paytm CEO Vijay Shekhar Sharma is looking to rewind-and-reset the fintech pioneer in India, following the stock-price collapse which exacerbated a crisis for India’s startups. The fintech firm’s founder is looking to win back investor confidence, as the company’s operating losses widened over the past year to about $350 million (roughly Rs. 2...
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Paytm, CRED Launch Initiatives to Tackle Oxygen Shortages From COVID-19 Crisis
Paytm has announced a fundraising campaign to fight the shortage of oxygen in India. The company is raising a total of Rs. 10 crores. Fintech startup CRED has also partnered with healthcare fundraising platform Milaap to help tackle the shortage of oxygen in the country.
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UPI Has an Identity Problem That's Stopping It From Taking Off
UPI payment apps have been facing an identity crisis, and that’s not helping their adoption in the post-demonetisation world.
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RBI Action On Paytm Payments Bank Not Impacting Merchants' Trust, Says Survey
The reason behind merchants' confidence is the fact that a Paytm representative reached out to them after the RBI decision.
-
Paytm Set To Retain Customers Despite Crisis, Says Brokerage Firm UBS
UBS also expects gradual improvement in Paytm's EBITDA margin, averaging eight per cent from financial year 2024 to 2028.
-
Paytm Shifts Nodal Account to Axis Bank, RBI Extends Unit Wind-Down Date to March 15
Paytm Payments Bank has been granted additional time by the RBI to wind down its operations in the country, the central bank announced on Friday. Customers won't be able to add fresh funds to their Paytm Payments Bank accounts after March 15 Meanwhile, parent firm One97 Communications has signed on a new banking partner to try to survive the ongoin...
-
Paytm Crisis: Non-Bank Lenders Said to Explore Options for Loan Disbursal
Amid the ongoing Paytm crisis, Indian non-bank lenders are looking at options other than the beleaguered firm for loan disbursal. These lenders are said to be worried about the regulatory crisis engulfing Paytm that has led to a temporary halt of lending services.
-
Paytm Fiasco Shows the RBI Doesn't Understand Payments
The RBI could have handled the crisis at Paytm better. In barring the company from onboarding new customers from February 29, it has triggered a crisis of confidence among crores of users
-
Vijay Shekhar Sharma Revolutionised Digital Payments When Cash Was King
Vijay Shekhar Sharma, one of the most recognised faces of India's fintech industry, is facing a big crisis in a race to save his revolutionary digital payments firm - Paytm.
-
Startup Rockstar, Paytm CEO Vijay Shekhar Sharma, Battles Regulatory Crisis
A rags-to-riches tale, Vijay Shekhar Sharma is no stranger to controversy. Now, India's startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett as a backer.
-
Paytm CEO Says Firm Chasing $1 Billion Goal, Seeks to ‘Rewind-and-Reset’ Fintech Pioneer After IPO Fiasco
Paytm CEO Vijay Shekhar Sharma is looking to rewind-and-reset the fintech pioneer in India, following the stock-price collapse which exacerbated a crisis for India’s startups. The fintech firm’s founder is looking to win back investor confidence, as the company’s operating losses widened over the past year to about $350 million (roughly Rs. 2...
-
Paytm, CRED Launch Initiatives to Tackle Oxygen Shortages From COVID-19 Crisis
Paytm has announced a fundraising campaign to fight the shortage of oxygen in India. The company is raising a total of Rs. 10 crores. Fintech startup CRED has also partnered with healthcare fundraising platform Milaap to help tackle the shortage of oxygen in the country.
-
UPI Has an Identity Problem That's Stopping It From Taking Off
UPI payment apps have been facing an identity crisis, and that’s not helping their adoption in the post-demonetisation world.
