During FY23, the company maintained an average of 32,798 employees on its rolls, with 29,503 actively engaged
Company has 'transitioned' payment business from Paytm Payments Bank to other partner banks, says CEO
Fintech giant has seen exits in its senior management after its banking unit was put under restrictions in January
Paytm on Wednesday reported a 54 per cent year-on-year (Y-o-Y) decline in total loans disbursed in its financial results for 2023-24 (FY24)
Paytm Q4 FY 24 results: Shares of Paytm were trading at Rs 349 at 9:35 am on the BSE following the release of the company's quarter earnings report
Company Results Q4 FY24: Jubilant, Ramco Cements, NIIT Learning also anticipated to release fourth quarter earnings on May 22
Shares of Zomato have soared 57 per cent so far in 2024, but those of Paytm have tumbled 46 per cent
At 6:55 AM, GIFT Nifty futures was trading 73 points higher at 22,382.50 levels compared to Nifty50 futures, indicating a positive start for the bourses
Paytm's UPI Lite Wallet is designed for quick and easy payments without needing to enter a PIN
UPI Lite processes low-value transactions that have been set at below Rs 500, according to the National Payments Corporation of India (NPCI) website
Stocks to watch on May 10, 2024: Paytm has denied media reports about its lending partners invoking loan guarantees due to repayment defaults
Paytm's non-bank lending partners include companies such as Aditya Birla Finance, Hero Fincorp, Piramal Capital, Poonawalla Fincorp, Shriram Finance, SMFG India Credit, and Tata Capital
For instance, other platforms, such as Yaary, a group representing Hyderabad's auto rickshaw and taxi drivers, launched their ride-hailing service on ONDC in December last year
Eight months left for the implementation deadline, the National Payments Corporation of India (NCPI) may be favouring growth over concerns about market domination
Euronet processed around 19 million consumer bill payments in March, marking a significant increase from 4.6 million in January, driven by the agreement with Paytm
Paytm stock price: Shares of Paytm were locked in the 5% lower circuit for a third straight day after the resignation of President and Chief Operating Officer Bhavesh Gupta
Paytm's UPI market share plummets; Google Pay and PhonePe continue to dominate digital payments in India
However, the Noida-based company has continued to retain its spot as the third largest player in the ecosystem because other players are considerably smaller in comparison to the fintech major
Paytm stated that the company is currently undergoing a restructuring process to strengthen its leadership team
Bhavesh Gupta, who was overseeing the payments and lending businesses, has decided to take a career break due to personal reasons