Page 45 - Ajinkya Kawale

Fintech personal loan disbursal up from 1.1 mn to 41.6 mn in 5 years: FACE

Similarly, the value of loans has increased from Rs 5,907 crore to Rs 40,845 crore during the same time

Paytm users may take up to 6 months to shift to other service providers

Fintech giant is planning to apply for third-party application provider licence

Paytm doubling down on banking partnerships to streamline business

The company is moving swiftly to finalise these partnerships after the Reserve Bank of India (RBI) extended the deadline for restrictions on deposit and credit transactions of Paytm PB to March 15

We will add some Paytm's customers: PhonePe co-founder & CEO Sameer Nigam

Nigam was in conversation with Shradha Sharma, founder and CEO, YourStory at the Mumbai Tech Week 2024

Rules apply to firms of all sizes: MoS IT on RBI move on Paytm PB

Says have received two proposals for semiconductor fab units, entailing $22 bn investment

Meta doubling down on WhatsApp Business in India, says MD Devanathan

The company also enabled payment options within the chats from different platforms apart from its own. These platforms include UPI apps, debit and credit cards, among others

Competitors Google Pay, PhonePe and BHIM go all out for Paytm user base

Players such as Google Pay, PhonePe, and even banks like HDFC and State Bank of India (SBI) are said to be deploying several thousand 'feet on the street' or salesforce to attract merchants

AI can be 'Fastag' for India's growth: Google India head Sanjay Gupta

It can break barriers to information accessibility, says Google V-P Sanjay Gupta

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