Page 6 - Paytm Payments Bank

Shinjini Kumar resigned from PPBL board, attended 2 meets as special guest

This means, two independent members have resigned from the board of the troubled Paytm Payments Bank

RBI to meet NHAI, NPCI to discuss rescue plan for Paytm PB users: Report

NPCI oversees the United Payments Interface payments, and NHAI operates the FASTag service

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

PPBL crisis: We give enough time to comply with rules, says RBI Governor

Paytm Payments Bank crisis: Das said, 'The RBI is and will continue to encourage and support innovation and technology in the financial sector'

42% of Indian kirana stores have already shifted away from Paytm: Report

The trust in Paytm has decreased among 68% of Indian Kirana stores after the RBI announcement on January 31, a report released on Thursday said

RBI mulls revoking Paytm Payments Bank licence or superseding board

Action may come once pipeline transactions settled

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

HDFC Bank talking to Paytm and evaluating developments: Parag Rao

The Reserve Bank of India (RBI) on January 31 stopped Paytm Payments Bank from accepting fresh deposits and carrying out transactions from February 29, 2024

Explained: What's working and what next for Paytm Payments Bank?

Users on the Paytm app will be able to use UPI services, recharge, pay bills as well as use Paytm QR, Soundbox, card machine, movie bookings, and financial services

Paytm shock: Fintech cos wary as frequent regulatory actions hurt sentiment

Compliance to take centre-stage in fintech operations this year: Industry

Startup founders write to PM, FM & RBI to review regulatory action on PPBL

Founders have called on the regulator to re-evaluate its directive and engage in dialogue with the fintech industry

Paytm denies being in talks with Jio Financial to sell its wallet biz

This marks the third clarification issued by Paytm through exchange filings in just over two days

Paytm rebounds 19% from record low amid heavy volumes

The stock hit a new low at Rs 395.50 in intra-day deals on Tuesday, and then rebounded into the positive zone for the first time in last four trading days.

Jio Financial Services denies being in talks to acquire Paytm's wallet biz

Paytm news: Earlier, a media report had stated that JFSL and HDFC Bank were frontrunners to buy Paytm's wallet business

Paytm Payments Bank and RBI ban: What went wrong and the story so far

RBI Paytm Payments Bank news: After the ban announced on January 31, the shares of One97 Communications Ltd have fallen over 43% and are near their all-time low

On Paytm crisis, startup founders write to PM, RBI to review curbs: Report

Paytm crisis: Last Wednesday, the RBI prohibited Paytm Payments Bank from accepting further deposits, crediting any transactions on customer accounts, digital wallets, etc, beyond February 29

Reserve Bank's decision to freeze Paytm shows faulty understanding

Last week, the Reserve Bank of India barred the institution from any further deposit or credit transaction in customer accounts, wallets or cards after Feb. 29

Can Paytm be used for recharge, UPI services post Feb 29? Company clarifies

Paytm News: The RBI, last Wednesday, ordered Paytm's affiliate Paytm Payments Bank (PPB) to wind down most of its businesses by February 29

Jio Financial Services, HDFC Bank frontrunners to buy Paytm's wallets biz

Paytm has been in talks with JFSL since November last year and it reached out to HDFC Bank just before the RBI barred its Payments Bank from accepting more deposits from February 29

RBI bars Paytm Payments Bank from carrying out transactions starting Feb 29

'Persistent non-compliance' by company, says order barring it from credit transactions or top-ups in customer accounts