The Reserve Bank of India (RBI) widened its curbs on Paytm’s Payments Bank, which processes transactions for financial services giant Paytm, barring it from offering many banking services, including ...
Paytm said Thursday that it will cease work with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from ...
Add Yahoo as a preferred source to see more of our stories on Google. The Reserve Bank of India (RBI) is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two ...
Add Yahoo as a preferred source to see more of our stories on Google. Macquarie cuts Paytm target on 'serious risk of exodus of customers' (Image Credits:Anindito Mukherjee / Bloomberg / Getty Images) ...
BENGALURU/MUMBAI, Feb 1 (Reuters) - Indian digital payments firm Paytm PAYT.NS lost a fifth of its market value on Thursday after the central bank ordered its payment bank to halt its business, ...
Paytm Payments Bank, which processes transactions for India’s digital payments giant Paytm, was barred from taking on new customers because it violated rules by allowing data to flow to servers abroad ...
Shares of digital-payments provider Paytm plunged 20% after Indian regulators ordered it to halt a bulk of its business, dealing a severe blow to a high-profile tech pioneer that grappled for years ...
On November 18, 2021, Vijay Shekhar Sharma took to the stage at the Bombay Stock Exchange, wiping away tears as he addressed the crowd. His company, One97 Communications, had just completed India’s ...
BENGALURU, Jan 31 (Reuters) - The Reserve Bank of India on Wednesday restricted Paytm Payments Bank Ltd from fresh deposits and credit transactions across its services, due to supervisory concerns. An ...
MUMBAI, Feb 13 (Reuters) - Indian non-bank lenders are looking at options other than Paytm for (PAYT.NS), opens new tab for loan disbursal, worried about the regulatory crisis engulfing the firm that ...
Paytm loses $1.2 bln in market value RBI action to hit core business, credibility - analysts Jefferies, JPMorgan slash Paytm rating, target price Paytm expects normalcy by March - exec The Reserve ...