Paytm Rbi Clampdown
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Paytm Payments Bank Said to Cut About 20 Percent of Staff as Business Halt Looms
Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, two sources said.
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Paytm CEO Quits Payments Bank Board In Major Shakeup Amid RBI Clampdown
Digital payments firm Paytm said on Monday that Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit.
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RBI's New Advisory On Paytm UPI Payments: What It Means
The Reserve Bank of India has come out with additional measures to ensure seamless digital transactions via unified payments interface or UPI.
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RBI Clampdown On Embattled Fintech Star Paytm Sparks Industry Concerns
For regulators seeking to crack down on potential fraud in the financial sector, Paytm may just be the beginning.
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"Today. Tomorrow. Always": Paytm Founder's Post Amid RBI Clampdown
Amid growing concern over Paytm operations, its founder assured users that the digital payment app will keep working "today, tomorrow, always." In a post on X, Vijay Shekhar Sharma shared a full-page newspaper advertisement.
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No Review Of Regulatory Action On Paytm Payments Bank, Says RBI Chief
The Reserve Bank of India (RBI) will not review its recent regulatory action taken on Paytm Payments Bank, Governor Shaktikanta Das said on Monday.
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Paytm Director Manju Agarwal Resigns Amid RBI Clampdown On Payments Bank
Financial technology company Paytm on Monday confirmed media reports of an independent director at its banking arm having resigned.
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Paytm To Form Advisory Committee On Regulatory Matters Amid RBI Clampdown
Paytm will form an advisory committee on compliance and regulatory matters, the payments firm said on Friday, a week after India's central bank ordered its banking affiliate to wind down.
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What RBI Governor Said On Strict Action On Paytm Payments Bank
The Reserve Bank of India today said that the clampdown on Paytm Payments Bank was a result of persistent non-compliance of the regulator's norms.
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What Government Advised Paytm CEO During 10-Min Meeting On RBI Clampdown
The Paytm chief executive was told the government has no role to play in connection with the latest RBI restrictions when he went to meet Finance Minister Nirmala Sitharaman yesterday, said people familiar with the matter.
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Paytm Shares Falls 36% In 2 Days Amid Concerns Over RBI Order
Shares of digital payments firm Paytm tumbled 20% on Friday after a central bank clampdown on its payments bank continued to weigh on investor sentiment despite the company's attempts to assuage fears of a hit to its business.
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After RBI Clampdown, Paytm Shares Important Updates For Its Users
Following RBI restrictions on its mobile wallet, Paytm addressed user concerns through an FAQ.
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Explained: What Next For Paytm's Banking Arm After Major RBI Clampdown?
RBI has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in its accounts or popular wallets from March, in a major blow to one of the country's largest payments firms.
-
Paytm Payments Bank Said to Cut About 20 Percent of Staff as Business Halt Looms
Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, two sources said.
-
Paytm CEO Quits Payments Bank Board In Major Shakeup Amid RBI Clampdown
Digital payments firm Paytm said on Monday that Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit.
-
RBI's New Advisory On Paytm UPI Payments: What It Means
The Reserve Bank of India has come out with additional measures to ensure seamless digital transactions via unified payments interface or UPI.
-
RBI Clampdown On Embattled Fintech Star Paytm Sparks Industry Concerns
For regulators seeking to crack down on potential fraud in the financial sector, Paytm may just be the beginning.
-
"Today. Tomorrow. Always": Paytm Founder's Post Amid RBI Clampdown
Amid growing concern over Paytm operations, its founder assured users that the digital payment app will keep working "today, tomorrow, always." In a post on X, Vijay Shekhar Sharma shared a full-page newspaper advertisement.
-
No Review Of Regulatory Action On Paytm Payments Bank, Says RBI Chief
The Reserve Bank of India (RBI) will not review its recent regulatory action taken on Paytm Payments Bank, Governor Shaktikanta Das said on Monday.
-
Paytm Director Manju Agarwal Resigns Amid RBI Clampdown On Payments Bank
Financial technology company Paytm on Monday confirmed media reports of an independent director at its banking arm having resigned.
-
Paytm To Form Advisory Committee On Regulatory Matters Amid RBI Clampdown
Paytm will form an advisory committee on compliance and regulatory matters, the payments firm said on Friday, a week after India's central bank ordered its banking affiliate to wind down.
-
What RBI Governor Said On Strict Action On Paytm Payments Bank
The Reserve Bank of India today said that the clampdown on Paytm Payments Bank was a result of persistent non-compliance of the regulator's norms.
-
What Government Advised Paytm CEO During 10-Min Meeting On RBI Clampdown
The Paytm chief executive was told the government has no role to play in connection with the latest RBI restrictions when he went to meet Finance Minister Nirmala Sitharaman yesterday, said people familiar with the matter.
-
Paytm Shares Falls 36% In 2 Days Amid Concerns Over RBI Order
Shares of digital payments firm Paytm tumbled 20% on Friday after a central bank clampdown on its payments bank continued to weigh on investor sentiment despite the company's attempts to assuage fears of a hit to its business.
-
After RBI Clampdown, Paytm Shares Important Updates For Its Users
Following RBI restrictions on its mobile wallet, Paytm addressed user concerns through an FAQ.
-
Explained: What Next For Paytm's Banking Arm After Major RBI Clampdown?
RBI has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in its accounts or popular wallets from March, in a major blow to one of the country's largest payments firms.
