An advisory committee, set up by Paytm owner One97 Communications after the Reserve Bank’s action on its payments bank business, is yet to have a deeper engagement with the…
Paytm Payments Bank
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Business
FinMin to meet fintech startups next week amid Paytm Payments Bank row | News – Business Standard
India’s finance ministry will hold meetings with the country’s fintech startups next week to urge them to comply with regulations and hear their concerns, a source familiar with the…
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Business
TMS Ep631: Paytm Payments Bank, electric cars, LIC stock, permacrisis | Podcast – Business Standard
Despite concerns about Paytm Payments Bank being a ‘red flag’, certain banks have reportedly shown interest in collaborating with it, subject to RBI approval. But, industry observers have questioned…
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Business
Paytm Payments Bank curbs may have limited impact, shows data | Company News – Business Standard
Around 90 per cent of Paytm UPI app users have their accounts linked with other banks, according to data available with banking industry sources. The data, reviewed by Business…
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Business
ED starts preliminary probe into Paytm Payments Bank after RBI’s decision | Company News – Business Standard
Paytm and the Enforcement Directorate did not immediately respond to Reuters’ requests for comment. India’s financial crime fighting agency has started a preliminary inquiry against Paytm Payments Bank, local…
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Business
Govt nod for OCL investment in Paytm Payment Services awaited, says Paytm | Company News – Business Standard
The regulator asked PPSL to continue operations with the condition that no new merchants should be onboard Fintech firm One97 Communications Ltd (OCL) on Monday said it has not…
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After issuing directions under Section 35A of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) is considering either cancelling the licence of Paytm Payments Bank (Paytm…
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Premium Too close to the sun: Paytm Payments Bank got its licence in January 2017. Seven years later, it finds itself cornered over serious regulatory violations centred around the breach…
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Premium The regulator has debarred the payments bank from accepting any deposits, credit transactions, wallets, top-ups in any customer accounts after February 29 Merchants and users of Paytm Payments…