Paytm News

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Setback to Vijay Shekhar Sharma as ED to probe Paytm Payments Bank irregularities

Paytm has been facing setback since Reserve Bank of India took regulatory action against it on January 31....

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Crisis-hit Paytm set to operate as third-party app for UPI: Reports

Paytm plans to work with three or more banks to begin offering new VPAs to its users as early as next month....

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Paytm appoints advisory panel led by former SEBI chief, here's why

M. Damodaran, the former chairman of SEBI, will lead the committee, which will provide strategic counsel to ensure compliance with regulatory standards....

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RBI on clampdown against Paytm: ‘Persistent Non-Compliance’

The clampdown on Paytm by the RBI is expected to have significant repercussions, both for the company itself and its user base. This action raises questions about the regulatory environment in which fintech companies operate and underscores the importance of adherence to regulato...

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Why did Paytm CEO met FM Nirmala Sitharaman amid crisis?

Paytm CEO Vijay Shekhar Sharma assured that the company is looking for all the options to ensure that stakeholders are protected from unwarranted and speculative stories....

Mukesh Ambani

Jio financial denies reports of acquiring Paytm's Wallet Business

A spokesperson for Jio Financial emphasized that the company has consistently abided by and will continue to adhere to all disclosure requirements man...

Paytm

Paytm stock plunges another 10%, firm loses 43% since RBI crackdown

The Paytm’s stock dropped by its daily trading limit to Rs 438.5 on Monday....

Billionaire Mukesh Ambani receives death threat! Details here

Could Mukesh Ambani buy Paytm's wallet? Jio Financial shares soar 13% on rumors

Paytm has been facing a severe threat to its future operations and viability since the Reserve Bank of India prohibited the payment bank from taking a...

Morgan Stanley

Morgan Stanley acquires Paytm stake worth Rs 244 crore

The purchase by Morgan Stanley has come amid a decline in One 97 Communications' stock price, which had fallen by 20% for the two consecutive days aft...

Paytm

Will Paytm app keep working beyond Feb 29? Here's what Paytm founder says

The Paytm app will keep working beyond February 29, the RBI action will only impact the Paytm Payments Bank operations, the company's founder Vijay Sh...

Paytm

Paytm assures user deposits safe after RBI restricts payments bank

Paytm clarified that the RBI's prohibition on Paytm Payments Bank Limited from accepting any further deposits or account top-ups, effective February 2...

Paytm Payment Bank

RBI imposes ban on THESE services of Paytm Payment Bank; Changes effective after February 29

Paytm Payment Bank: This decision stems from non-compliance with regulatory guidelines, prompting the RBI to take decisive steps....

Paytm

Paytm barred from selling fresh FASTags; here’s the reason

The Paytm Payments Bank was barred from issuing fresh FASTags on Friday due to non-compliance with the terms of its service level agreement (SLA) with...

Vijay Shekhar Sharma

‘Making my To-Do list’ Paytm owner after laying over 1,000 workers

Paytm's CEO, Vijay Shekhar Sharma, sees AI as a key driver of future growth and efficiency. The planned major AI upgrades indicate a significant commi...

Paytm layoff

Paytm fires 1,000 employees: Automation to be blamed?

Paytm has reportedly asked its 1,000 people to leave in order to enhance efficiency and trim operational costs....

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