Rbi Order On Paytm Payments Bank
- All
- News
- Videos
-
Paytm Signals Job Cuts, Asset Sales After Hit From India Probe
Paytm warned of job cuts and said it would trim non-core assets after reporting its first sales decline on record, reflecting fallout from a regulatory probe that curtailed much of the Indian fintech pioneer’s business.
-
Paytm Terminates Some Ties With Troubled Payments Bank Unit
Payments firm Paytm on Friday cut some ties with its payments bank unit, which India's banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a meltdown in its shares last month.
-
RBI Moves to Ensure UPI Transactions on Paytm Continue to Work After Strictures on Paytm Payments Bank
The Reserve Bank of India (RBI) has requested the National Payments Corporation of India (NPCI) to examine a request from Paytm to become a third-party application provider, in order to allow UPI payments on Paytm to continue working after the central bank's wind down date for Paytm Payments Bank.
-
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.
-
After RBI Crackdown, EPFO To Halt Claims Made Via Paytm Payments Bank
India's state-run social security fund, EPFO, will halt claims made via Paytm Payments Bank accounts from Feb. 23, as the central bank imposed restrictions on the payments bank due to persistent irregularities, a government order said.
-
"Onboarding More Merchants, Heartening To See Unwavering Support": Paytm
Paytm founder, Vijay Shekhar met with Union Finance Minister Nirmala Sitharaman on Tuesday and discussed the ongoing issue of the company, ANI reported quoting its sources.
-
Will Paytm App, Its Wallet And UPI Services Work After Feb 29? Answers Here
The RBI on Wednesday ordered Paytm Payments Bank Ltd (PPBL or the bank), an associate of Paytm, to stop accepting fresh deposits in its accounts or digital wallets from February 29, 2024.
-
"PaytmKaro...": Founder Vijay Shekhar Sharma Amid Concern Over RBI Order
Paytm founder Vijay Shekhar Sharma on Friday morning - amid growing concern over the operational status of the digital payments app - has told users "your favourite app is working (and) will keep working beyond February 29 as usual".
-
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.
-
Curbs On Paytm Payments Bank Services: What Happens To Your Money Now
In a major blow to Paytm Payments Bank Limited, an associate of Paytm, the RBI on Wednesday ordered the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other prepaid instruments.
-
Explained: Why RBI Has Put Restrictions On Paytm Payments Bank
The Reserve Bank of India (RBI) on Wednesday ordered Paytm Payments Bank to stop accepting fresh deposits in its accounts or popular wallets after February 29, 2024.
-
Paytm Likely To Lose Over Rs 300 Crore After RBI Action On Payments Bank
Paytm said on Thursday it expects a worst case impact of 3 billion rupees ($36.13 million) to 5 billion rupees to its annual earnings from Reserve Bank of India's order barring its unit, Paytm Payments Bank, from accepting fresh deposits from March.
-
Paytm Payments Bank Can't Offer Services, Including Wallet, After Feb 29: RBI
The Reserve Bank of India on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or allowing credit transactions, or top-ups, in customer accounts or prepaid instruments - like FASTags - linked to those accounts, after Feb 29.
-
RBI Imposes Rs 1 Crore Penalty On Paytm Payments Bank
RBI has imposed a penalty of Rs one crore on Paytm Payments Bank for violating provisions of Payment and Settlement Systems Act 2007
-
Paytm Signals Job Cuts, Asset Sales After Hit From India Probe
Paytm warned of job cuts and said it would trim non-core assets after reporting its first sales decline on record, reflecting fallout from a regulatory probe that curtailed much of the Indian fintech pioneer’s business.
-
Paytm Terminates Some Ties With Troubled Payments Bank Unit
Payments firm Paytm on Friday cut some ties with its payments bank unit, which India's banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a meltdown in its shares last month.
-
RBI Moves to Ensure UPI Transactions on Paytm Continue to Work After Strictures on Paytm Payments Bank
The Reserve Bank of India (RBI) has requested the National Payments Corporation of India (NPCI) to examine a request from Paytm to become a third-party application provider, in order to allow UPI payments on Paytm to continue working after the central bank's wind down date for Paytm Payments Bank.
-
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.
-
After RBI Crackdown, EPFO To Halt Claims Made Via Paytm Payments Bank
India's state-run social security fund, EPFO, will halt claims made via Paytm Payments Bank accounts from Feb. 23, as the central bank imposed restrictions on the payments bank due to persistent irregularities, a government order said.
-
"Onboarding More Merchants, Heartening To See Unwavering Support": Paytm
Paytm founder, Vijay Shekhar met with Union Finance Minister Nirmala Sitharaman on Tuesday and discussed the ongoing issue of the company, ANI reported quoting its sources.
-
Will Paytm App, Its Wallet And UPI Services Work After Feb 29? Answers Here
The RBI on Wednesday ordered Paytm Payments Bank Ltd (PPBL or the bank), an associate of Paytm, to stop accepting fresh deposits in its accounts or digital wallets from February 29, 2024.
-
"PaytmKaro...": Founder Vijay Shekhar Sharma Amid Concern Over RBI Order
Paytm founder Vijay Shekhar Sharma on Friday morning - amid growing concern over the operational status of the digital payments app - has told users "your favourite app is working (and) will keep working beyond February 29 as usual".
-
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.
-
Curbs On Paytm Payments Bank Services: What Happens To Your Money Now
In a major blow to Paytm Payments Bank Limited, an associate of Paytm, the RBI on Wednesday ordered the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other prepaid instruments.
-
Explained: Why RBI Has Put Restrictions On Paytm Payments Bank
The Reserve Bank of India (RBI) on Wednesday ordered Paytm Payments Bank to stop accepting fresh deposits in its accounts or popular wallets after February 29, 2024.
-
Paytm Likely To Lose Over Rs 300 Crore After RBI Action On Payments Bank
Paytm said on Thursday it expects a worst case impact of 3 billion rupees ($36.13 million) to 5 billion rupees to its annual earnings from Reserve Bank of India's order barring its unit, Paytm Payments Bank, from accepting fresh deposits from March.
-
Paytm Payments Bank Can't Offer Services, Including Wallet, After Feb 29: RBI
The Reserve Bank of India on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or allowing credit transactions, or top-ups, in customer accounts or prepaid instruments - like FASTags - linked to those accounts, after Feb 29.
-
RBI Imposes Rs 1 Crore Penalty On Paytm Payments Bank
RBI has imposed a penalty of Rs one crore on Paytm Payments Bank for violating provisions of Payment and Settlement Systems Act 2007
