Paytm Payments Bank
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Paytm Payments Bank's Licence Cancelled By RBI
Paytm Payments Bank's Licence Cancelled By RBI
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Paytm Rapped By Markets Regulator Over Transactions With Banking Subsidiary
One 97 Communications, which is Paytm's parent firm, has got an 'administrative warning letter' from SEBI over related party transactions it had entered into with PPBL in FY22 without due approval of either audit committee or the shareholders.
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Lays Off At Paytm As Loss Widens After RBI Action
Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement.
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Paytm Signals Job Cuts, Asset Sales After Hit From India Probe
Paytm warned of job cuts and said it would trim non-core assets after reporting its first sales decline on record, reflecting fallout from a regulatory probe that curtailed much of the Indian fintech pioneer’s business.
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Paytm Q4 FY24 Loss Widens To Rs 550 Crore After RBI Action Against Payments Bank
Digital payments firm Paytm posted a wider loss in the fiscal fourth quarter on Wednesday, hurt by weakness in its payments and financial services business after the central bank shut down its banking unit.
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Paytm Payments Bank Board Is Independent, Paytm CEO Vijay Shekhar Sharma Says
The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.
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Payments Bank Board Is Independent: Paytm CEO Vijay Shekhar Sharma
The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.
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Paytm Payments Bank CEO Surinder Chawla Resigns
Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI.
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Paytm Gets Third-Party UPI App License From NPCI as Payments Bank Ceases Operations
Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.
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Paytm Payments Bank Deadline Today, These Services To Stop Working
Paytm, a major player in India's fintech scene, is facing a setback as its banking arm, Paytm Payments Bank Ltd (PPBL), is stopping key services from today.
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Paytm Payments Bank Said to Cut About 20 Percent of Staff as Business Halt Looms
Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, two sources said.
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Paytm Payments Bank To Shut Down After March 15: All You Need To Know
Paytm Payments Bank will stop offering services like accepting deposits and processing credit transactions starting March 15, as directed by the Reserve Bank of India.
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Financial Intelligence Unit Imposes Penalty of Over Rs. 5 Crore on Paytm Payments Bank
India's Financial Intelligence Unit (FIU) on Friday imposed a penalty of Rs. 5,49,00,000 ($662,565) on Paytm's banking arm, Paytm Payments Bank, for violations in reporting illegal money routed through its accounts, the country's finance ministry said.
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Paytm Bank Fined Over Rs 5 Crore For Financial Violations
Paytm Payments Bank has been fined Rs 5.49 crore over violations in reporting illegal money routed through its accounts.
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Paytm Terminates Some Ties With Troubled Payments Bank Unit
Payments firm Paytm on Friday cut some ties with its payments bank unit, which India's banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a meltdown in its shares last month.
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Paytm Payments Bank's Licence Cancelled By RBI
Paytm Payments Bank's Licence Cancelled By RBI
-
Paytm Rapped By Markets Regulator Over Transactions With Banking Subsidiary
One 97 Communications, which is Paytm's parent firm, has got an 'administrative warning letter' from SEBI over related party transactions it had entered into with PPBL in FY22 without due approval of either audit committee or the shareholders.
-
Lays Off At Paytm As Loss Widens After RBI Action
Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement.
-
Paytm Signals Job Cuts, Asset Sales After Hit From India Probe
Paytm warned of job cuts and said it would trim non-core assets after reporting its first sales decline on record, reflecting fallout from a regulatory probe that curtailed much of the Indian fintech pioneer’s business.
-
Paytm Q4 FY24 Loss Widens To Rs 550 Crore After RBI Action Against Payments Bank
Digital payments firm Paytm posted a wider loss in the fiscal fourth quarter on Wednesday, hurt by weakness in its payments and financial services business after the central bank shut down its banking unit.
-
Paytm Payments Bank Board Is Independent, Paytm CEO Vijay Shekhar Sharma Says
The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.
-
Payments Bank Board Is Independent: Paytm CEO Vijay Shekhar Sharma
The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.
-
Paytm Payments Bank CEO Surinder Chawla Resigns
Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI.
-
Paytm Gets Third-Party UPI App License From NPCI as Payments Bank Ceases Operations
Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.
-
Paytm Payments Bank Deadline Today, These Services To Stop Working
Paytm, a major player in India's fintech scene, is facing a setback as its banking arm, Paytm Payments Bank Ltd (PPBL), is stopping key services from today.
-
Paytm Payments Bank Said to Cut About 20 Percent of Staff as Business Halt Looms
Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, two sources said.
-
Paytm Payments Bank To Shut Down After March 15: All You Need To Know
Paytm Payments Bank will stop offering services like accepting deposits and processing credit transactions starting March 15, as directed by the Reserve Bank of India.
-
Financial Intelligence Unit Imposes Penalty of Over Rs. 5 Crore on Paytm Payments Bank
India's Financial Intelligence Unit (FIU) on Friday imposed a penalty of Rs. 5,49,00,000 ($662,565) on Paytm's banking arm, Paytm Payments Bank, for violations in reporting illegal money routed through its accounts, the country's finance ministry said.
-
Paytm Bank Fined Over Rs 5 Crore For Financial Violations
Paytm Payments Bank has been fined Rs 5.49 crore over violations in reporting illegal money routed through its accounts.
-
Paytm Terminates Some Ties With Troubled Payments Bank Unit
Payments firm Paytm on Friday cut some ties with its payments bank unit, which India's banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a meltdown in its shares last month.
