Paytm said Thursday that it will cease work with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from ...

The Reserve Bank of India (RBI) is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter told TechCrunch, as troubles mount for ...

The Reserve Bank of India (RBI) widened its curbs on Paytm's Payments Bank, which processes transactions for financial services giant Paytm, barring it from offering many banking services, including ...

Paytm loses $1.2 bln in market value RBI action to hit core business, credibility - analysts Jefferies, JPMorgan slash Paytm rating, target price Paytm expects normalcy by March - exec The Reserve ...

On November 18, 2021, Vijay Shekhar Sharma took to the stage at the Bombay Stock Exchange, wiping away tears as he addressed the crowd. His company, One97 Communications, had just completed India’s ...

BENGALURU, Jan 31 (Reuters) - The Reserve Bank of India on Wednesday restricted Paytm Payments Bank Ltd from fresh deposits and credit transactions across its services, due to supervisory concerns. An ...

FIU has identified around 50,000 accounts lacking proper KYC verification and potentially engaged in suspicious transactions and money laundering activities In the wake of the Reserve Bank of India’s ...

MUMBAI, Feb 9 (Reuters) - Paytm Payments Bank, which India's central bank has ordered to wind down by Feb. 29, is seeing transactions it handles slowly drop off as customers are uncertain what will ...

Yes Bank MD and CEO Prashant Kumar reportedly said the bank is open to acquiring Paytm Payments Bank’s merchants as it would open up a significant opportunity However, this would require Yes Bank to ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Last year the central bank told Paytm Payments Bank to stop ...