After the ban announced on January 31, the shares of One97 Communications Ltd have fallen over 43% and are near their ...
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 ...
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 ...
India’s central bank has extended the deadline for some business restrictions on Paytm’s Payments Bank to March 15 in “larger public interest,” dashing hopes of any major concessions but allowing ...
NEW DELHI, Feb 3 (Reuters) - India's central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification and has passed the information on to the ...
Paytm said that the new arrangement has been executed by opening an escrow account with Axis Bank to ensure merchant settlements The move is expected to replace the nodal account that OCL (parent ...
Paytm, the operating name of One 97 Communications Limited (PAYTM.NS), shares cratered today as the Reserve Bank of India (RBI) decided to halt deposits in its digital wallet and accounts. Paytm ...
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 troubles at the once-celebrated fintech startup.
MUMBAI, Feb 16 (Reuters) - India's Paytm Payments Bank has been given more time by the central bank to wind down its operations, while its parent company has signed on a new banking partner to try to ...
Paytm has emerged as a monetisation leader as merchant payments account for most industry profits, according to a Bernstein report on digital payments trends.
NEW DELHI, Feb 3 (Reuters) - India's central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification and has passed the information on to the ...