Page 44 - Ajinkya Kawale

RBI extends deadline for Paytm Payments Bank restrictions to March 15

Merchants can accept payment if account linked to other banks

Paytm Payments Bank saga: FASTag makers gear up as demand from FIs rise

According to industry sources, Airtel Payments Bank has placed 5x to 7x more orders for FASTags than they would place in a normal order

Paytm shifts nodal account to Axis Bank for seamless transactions

Paytm QR, soundbox, card machine will continue to work as always, said One97 Communications

Reserve Bank of India restrains commercial card payments by a network

The RBI has clarified that business credit cards will continue to function as usual

NeoGrowth posts Rs 28 crore net profit in Q3FY24, revenues up 67%

The Mumbai-based company saw a 67 per cent year-on-year increase in its gross revenue from Rs 96 crore in Q3 FY23 to Rs 160 crore in Q3 FY24

Visa, Mastercard top executives meet RBI officials after BPSP biz hit

Banking regulator issue directions to card networks, fintechs to put on hold all commercial card-based transactions made by firms

Paytm hits new low, falls 10% after Macquarie slashes target to Rs 275

Macquarie sharply cut the target price to Rs 275 from Rs 650, driven by a reduction in revenues across various segments

Aircraft engine maker Pratt & Whitney establishes R&D centre in Bengaluru

IDCC will facilitate close collaboration with other RTX (Raytheon) businesses in India, including Collins Aerospace and RTX Enterprise Services

Paytm PB aftershocks: Fintechs step up customer outreach with target ads

While Paytm remains the leading player in the PoS segment, competition is heating up

Independent director Manju Agarwal quits Paytm Payments Bank board

"We hereby submit that PPBL is our associate entity and this event is not deemed material for the company and does not impact the operations/business of the company," OCL said

Prosus-backed PayU's India playbook: Focus driven by fintech opportunity

PayU CEO Anirban Mukherjee said the company was adopting an 'India-centric' approach, which was driven by the inherent advantages the country offered compared to other markets

Paytm readies three-member group advisory committee; RFP for auditors

Committee to be headed by former Sebi chief Damodaran

Airtel Payments Bank sees surge in number of customer applications: CEO

The company said, given the trend, the bank would add one million on a monthly basis

Regulatory action on Paytm Payments Bank, not app, clarifies RBI

The RBI said it would next week come out with a list of frequently asked questions (FAQs) on the Paytm Payments Bank issue

NPCI appoints Ajay Kumar Choudhary as non-executive chairman of board

Choudhary succeeds Biswamohan Mahapatra who was appointed non-executive chairman in 2018

Paytm aftershocks: Competition ramps up sales force, strengthens leadership

The Reserve Bank of India last week ordered Paytm Payments Bank to bar most of its businesses, including deposits, by February 29

NPCI working on Digital Payments Score to scale up credit economy in India

DPS may look at a person's finances such as timely payments and periodic bill payments

Volume, value of UPI transactions slip due to downtime with bank servers

The volume and value of transactions on UPI were pegged at 430.42 million and Rs 77,049 crore, respectively, a day before the widespread outage

Paytm chief meets RBI for clarity on transferring wallet, FASTag biz

Regulator told Paytm Payments Bank last week to stop accepting new deposits in its accounts and digital wallets from March 1

UPI payments failing amid server outages; NPCI working with banks

Regret inconvenience on UPI connectivity as few of the banks are having some internal technical issues, NPCI said in a statement