Paytm said the company is undergoing a routine appraisal process involving performance assessments which may lead to 'role adjustments'
Data from ACE Equity shows that shares of Zomato, Nykaa (FSN-e Commerce), and PB Fintech have surged in the range of 4.6 per cent to 11.4 per cent in one month
The company has launched 18,000 Smart Stores in India since its inception in 2019
The Reserve Bank of India had mandated Paytm to shift existing users to a new handle after the Paytm Payments Bank was asked to stop transactions after 15 March
After the RBI's ban on PPBL from onboarding new clients and its wallet services, customers have complained of issues in closing their PPBL-linked FASTag accounts
According to the FAQs, no further funding or top-ups will be allowed in the FASTags issued by Paytm Payments Bank after March 15
Market wrap on March 15, 2024: Mahindra & Mahindra was the major loser among auto stocks, down 5%; Among others shares of oil marketing companies declined up to 6 per cent post fuel price cut.
Fintech firm One97 Communications, owner of the Paytm brand, has got five handles in partnership with four banks to continue UPI transactions, as per an update on the NPCI website. The company's existing handle @paytm is among the five handles that users can continue using without the need to make any changes at their end. National Payments Corporation of India (NPCI) has approved @paytm and a closed user group UPI handle @ptyes for Paytm in partnership with Yes Bank. NPCI has also approved @pthdfc with HDFC bank and @ptsbi with State Bank of India as a partner. However, these two handles are not active immediately. Paytm spokesperson said users can continue to use @paytm handle seamlessly without the need to make any changes at their end. On March 14, NPCI approved a third party application (TPAP) provider permit for Paytm in collaboration with SBI, Axis Bank, Yes Bank and HDFC bank for continuity of UPI transactions for the company's users. Paytm's UPI transactions were earlier
The third-party application provider license will allow Paytm to facilitate payments through the UPI network, akin to how PhonePe and Google Pay operate
Axis Bank, HDFC Bank, State Bank of India, and YES Bank shall act as PSP (Payment System Provider) banks to the company.
Stocks to Watch on Friday, March 15, 2024: The Centre has reduced prices of petrol and diesel by Rs 2 per litre, effective from March 15, 6 AM
Four banks-- Axis Bank, HDFC Bank, State Bank of India, YES Bank will act as Payment Service Providers (PSPs) to Paytm
Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm
Paytm Payments Bank has decided to lay-off staff in certain divisions, including operations, the sources with direct knowledge of the matter said
RBI has compiled a list of FAQs to soothe customer concerns following the curb on Paytm's unit Paytm Payments Bank's operations
UPI payments on the Paytm app will likely redirected to SBI, HDFC Bank, Axis Bank, and Yes Bank for settlement, if Paytm Payments Bank operations cease after March 15
In Dec, Business Standard reported that Paytm was rationalising its employee cost structure, which includes revising its hiring strategy, focusing on contract employees
As many as 1,010 stocks were locked at their respective lower circuit on the BSE in late noon deals on Wednesday amid the broader market sell-off.
If you've been using your Paytm Payments Bank (PPBL) account for your trading activities, it's time to consider adding another bank account to your setup
Reliance Industries along with HDFC Bank remain the top mutual funds buys for 2nd straight month