Paytm's parent company, One 97 Communications, faced share decline following the COO's resignation. Management changes include new CEOs for Paytm Payments Bank..

The volume and value of UPI transactions decreased slightly in April compared to their all-time high level in March. However, the average daily transactions..

RBI restricts Paytm Payments Bank from receiving money post-March 15, 2024. Users must switch from '@paytm' UPI handles to new ones like '@ptsbi' for SBI. Paytm..

Jio Financial's March 2024 net profit was Rs 311 crore. They provide financing for phones, laptops, and EV batteries. Jio Payments Bank launched debit card and..

Paytm has begun the user migration process from Paytm Payments Bank Limited (PPBL) to PSP Banks. It is starting with switching your UPI IDs.

Surinder Chawla joined PPBL in January last year after the payments bank received approval from the Reserve Bank of India.  

Paytm Payments Bank (PPBL) has announced that its MD and CEO, Surinder Chawla, has resigned. The CEO's resignation comes at a time when the RBI has restricted..

Following regulatory actions, promoter Vijay Shekhar Sharma last month stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited, and the..

India Post Payments Bank's Online Aadhaar ATM (AePS) service simplifies cash transactions at home using biometrics. Business Correspondents aid in accessing..

On Friday, the National Payments Corporation of India (NPCI) granted approval to One97 Communications Limited (OCL), the parent company of Paytm, to participate..

RBI bans PPBL from new services after March 15. NHAI advises new FASTag before deadline to avoid charges. Users must close accounts, avoid penalties. Unable to..

RBI imposes restrictions on Paytm Payments Bank, halting fresh deposits. FAQs detail post-March 15 services, including withdrawals, refunds, and cashbacks. Auto..

Paytm Payments Bank cuts 20% of staff due to RBI deadline and compliance issues. Share price plunges 54%. Staff express frustration over layoffs despite earlier..

RBI governor Shaktikanta Das said the central bank has approved a platform that will facilitate online merchants to receive payments from any bank via internet..

As the financial year ends, important deadlines in March 2024 include updating Aadhaar card, availing SBI FD schemes, and paying advance tax. Changes to the tax..

Earlier this week, Vijay Shekhar Sharma stepped down as part-time non-executive Chairman of PPBL and the board of the bank was reconstituted.

The FIU issued its order imposing the penalty on February 15. 

Financial Intelligence Unit-India (FIU-IND) imposes penalty of Rs 5,49,00,000 on Paytm Payments Bank Ltd with reference to violations of its obligations under..

Following RBI's instructions, Paytm Payments Bank Ltd. (PPBL) stopped accepting new clients. Paytm and PPBL ended inter-company agreements. Paytm announced plans..

The company had earlier announced to sign up new partnerships with other banks and take measures to provide seamless services for its customers and merchants.

Paytm CEO Vijay Shekhar Sharma owns a 51 percent stake in Paytm Payments Bank while Paytm owns the rest.

These new rules will result in significant changes which will have an impact on almost every user. Some of the important changes are related to Paytm Payments..

Paytm Payments Bank will now commence the process of appointing a new chairman.

Paytm shares surged 5% in early trade on Tuesday following the Reserve Bank of India's request for the National Payments Corporation of India (NPCI) to explore..

Paytm Payments Bank crisis: Amidst regulatory pressures, digital payments company Paytm announced on Monday that CEO Vijay Shekhar Sharma would step down from..

Indore police has said as per the preliminary investigation, Paytm staffer Gaurav Gupta was under stress for the last few days fearing that the company might..

Vijay Shekhar Sharma, the founder of Paytm Payments Bank, has resigned as the non-executive chairman of the bank's board, following the Reserve Bank of India's..

Sharma owns a 51% stake in Paytm Payments Bank, while One 97 Communications, as Paytm is formally known, owns the rest.

Paytm's Vijay Shekhar Sharma on Monday stepped down from payments bank board.

The FASTag system allows drivers to pay toll charges seamlessly while driving. To use FASTag, drivers need to pay a one-time Tag Joining Fee, a refundable..

‘Pocket UPI’ accepts card payments from any network, including RuPay, Visa, American Express, and Diners Club.

One97 Communications shares, which operates under the brand name Paytm, hit 5 per cent upper circuit on Monday after the Reserve Bank of India (RBI) issued a..

Starting March 15, 2024, Paytm Payments Bank will not be allowed to accept any further credits into its customer accounts and wallets, as per the directive from..

RBI has barred Paytm Payments Bank from accepting further credits into its customer accounts and wallets after March 15, 2024

The RBI has clarified that the migration of UPI handles is applicable only to such customers and merchants who have a UPI handle ‘@Paytm’. For others who..

The Reserve Bank of India (RBI) has announced additional measures to ensure smooth digital payments for customers using the @paytm handle. Paytm Payments Bank..

Rajeev Chandrasekhar, union minister of state for electronics & technology, stressed the importance of compliance with government regulations for entrepreneurs..

The Enforcement Directorate has found no evidence of Foreign Exchange Management Act (FEMA) violations by Paytm Payments Bank Ltd (PPBL), as per reports. This..

Speaking in an interview with PTI, Chandrasekhar highlighted the case of Paytm Payments Bank as a reminder that compliance with regulations is non-negotiable. 

After March 15, 2024, you will not be able to deposit money into your account with Paytm Payments Bank. 

Union Minister of state for electronics and IT Rajeev Chandrasekhar highlighted the importance of regulatory compliance for fintech firms, stating that the Paytm..

Indian Highways Management Company Ltd (IHMCL), toll collecting authority of state-owned NHAI, has advised highway users to buy FASTags from 32 authorised banks..

IHMCL has advised highway users to FASTags from 32 authorised banks without Paytm Payments Bank (PPBL) for smooth travel.

RBI clarifies that while Paytm Payments Bank functions will cease, UPI payments will continue for non-PPBL customers. Paytm app, QR codes, and other services..

RBI on Monday relaxed the deadline on most of the restrictions imposed on Paytm Payments Bank to March 15 from Feb 29, including accepting fresh deposits. It..

Users with savings or current accounts with Paytm Payments Bank can continue to withdraw money and use their debit cards until March 15, 2024.

RBI has extended the deadline for Paytm Payments Bank (PPBL) restrictions to March 15.

The road-tolling authority released a list of 32 banks that were authorised to issue new FASTags for vehicles, but Paytm Payments Bank was left off of it, adding..

The Reserve Bank of India had few days ago issued a crucial directive to Paytm Payments Bank (PPBL) ordering the lender to cease taking deposits or top-ups in..

Paytm share price today: Shares of One 97 Communications, the parent company of Paytm, dropped 5% after officials from the Directorate of Enforcement (ED)..

Senior officials from Paytm have appeared before the Enforcement Directorate in connection with suspected irregularities reported by the Reserve Bank of India..

Paytm share price today: Shares of One 97 Communications, the parent company of Paytm, have dropped by up to 9% on the Bombay Stock Exchange due to the shift of..

Paytm shares experience a significant decline of up to 9.88% after global broking firm Macquarie downgraded the company. Macquarie expressed concerns about..

Axis Bank is in negotiations with Paytm about cross-business cooperation opportunities. The bank, which previously collaborated with Paytm, is now exploring new..

The Reserve Bank of India (RBI) on Monday ruled out a reconsideration of its decision to put severe restrictions on Paytm Payments Bank's activity and stated..

RBI, he said, is not against any fintech but its prime objective is to protect the interest of customers and depositors.

Days after Reserve Bank of India's (RBI) big crack down on Paytm's Payments Bank, sources said on Sunday that government is now examining foreign direct..

One 97 Communications, Paytm's parent company, forms an advisory committee chaired by M Damodaran to enhance compliance. The move aims to strengthen corporate..

RBI held discussions with Paytm Payments Bank before taking action. Two directors resigned. Paytm management is lobbying for the bank's survival. RBI follows a..

The directive from the RBI last week instructed Paytm Payments Bank to halt its business operations, including deposits, credit products, and its widely used..

Starting from February 29, 2024, customers of Paytm Payments Bank can no longer make deposits or credit transactions, but can withdraw balances and settle..

The Reserve Bank of India (RBI) will hold a meeting with stakeholders, including the National Highways Authority of India (NHAI) and the National Payments..

Paytm's daily app downloads on Google Play Store dropped to 1.4 lakh amid regulatory scrutiny, while PhonePe's surged to 5.5 lakh post-RBI restrictions on Paytm..

RBI indicated ongoing issues beyond KYC compliance with Paytm Payments Bank, with restrictions unlikely to be lifted. The regulator clarified the ban applies to..

Governor Das emphasized the RBI's reliance on bilateral engagement with regulated entities, focusing on nudging them towards corrective actions.

The parent company of Paytm, One97 Communications, saw its shares rise for a second day on Wednesday, reaching the 10% upper circuit. The stock increased in..

Paytm's competitors in the fintech industry are actively seeking to hire tech and sales professionals from Paytm, capitalizing on the central bank's crackdown on..

A collective of startup founders has penned a letter to RBI Governor Shaktikanta Das and Finance Minister Nirmala Sitharaman, urging the regulator to "reassess"..

For the third consecutive session, Paytm's stock plummeted by 10% on Monday, hitting the lower circuit amidst concerns regarding its payments bank operations...

Paytm on Monday denied reports that it is in talks with a few interested investors to sell its wallet business, amid the Reserve Bank of India’s (RBI) ban on..

Paytm’s stock fell for a third straight day as India’s central bank considers scrapping the license of Paytm Payments Bank Ltd., adding to the mounting..

Paytm’s wallet business is reportedly the first victim of the Reserve Bank of India’s (RBI) ban on Paytm Payments Bank. The central bank, for the unversed,..

The RBI on January 31 directed Paytm Payments Bank to stop accepting deposits or top-ups in any customer accounts, wallets, Fastags and other instruments after..

Paytm wallet customers can use money till the time their balance is exhausted, however they cannot add money after February 29 after the RBI decision.