Paytm shares crash 8% as RBI cancels Paytm Payments Bank's banking license. What lies ahead?Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to ...
Can you still say Paytm Karo after RBI cancels Paytm Payments Bank licence?The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank. This action follows persistent compliance issues. The b...
RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upsideThe RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental operations and prejudiced manageme...
Paytm says no financial or business impact from PPBL action; services remain fully operationalPaytm has said that the Reserve Bank of India’s (RBI) action on Paytm Payments Bank Ltd (PPBL) will have no financial or business impact on...
RBI cancels Paytm Payments Bank licenceIn a release, the central bank said Paytm Payments Bank can no longer conduct banking business under the Banking Regulation Act.
Paytm shares rally 5% despite widening net loss in Q4Despite widened net loss and a revenue drop in Q4, Paytm's shares closed near a 5% upper circuit. Impact of disruptions from UPI transition...
If problems remain restricted to PPBL & UPI payments continue, Paytm stock will go up: Pranav Gundlapalle, Sanford C BernsteinAccording to Pranav Gundlapalle, the Paytm stock is being driven by incremental news flow confirming that the problems are limited to PPBL....
Manju Agarwal quits Paytm Payments Bank boardAs part of its exchange filing, One 97 said Agarwal resigned from the payments bank on February 1, citing personal commitments, which was n...
PPBL 'at farm' length from One97 Comm, don't need incremental customers for credit biz growth: Vijay Shekhar SharmaPaytm Payments Bank and One97 Communications are separate entities, according to Paytm's CEO Vijay Shekhar Sharma. He stated that the ban o...
Paytm shares rise 3%. Here's what's driving the stockOne97 Communications which owns a 49% stake in Paytm Payments Bank (PPBL) said in a stock exchange filing on Monday that the payments bank ...
Paytm Payments Bank gets final RBI nod to operate as Bharat Bill Payment Operating Unit"PPBL has got the final approval from RBI to operate as Bharat Bill Payment Operating Unit (BBPOU) under the Payment and Settlement Systems...
Paytm Payments Bank gets final RBI nod to operate as Bharat Bill Payment Operating Unit"PPBL has got the final approval from RBI to operate as Bharat Bill Payment Operating Unit (BBPOU) under the Payment and Settlement Systems...
RBI letter to Paytm Bank does not talk about data access, says Vijay Shekhar SharmaThe RBI last week directed PPBL to stop opening new accounts amid "material supervisory concerns" observed in the bank. The bank has also b...
Taking immediate steps to comply with RBI directions: Paytm Payments BankThis is the third time that Vijay Shekhar Sharma-promoted Paytm Payments Bank (PPBL) is facing action from the banking regulator since its ...
Paytm Payments Bank leads UPI beneficiary chart; SBI biggest remitter in DecemberPaytm Payments Bank Ltd (PPBL) claimed to have become the first beneficiary bank in the country to achieve the landmark of over 926 million...
RBI fines Paytm Payments Bank, Western UnionThe RBI informed that on examination of Paytm Payments Bank Limited's application for issue of final Certificate of Authorisation (CoA), it...
Paytm Payments Bank crosses 1-crore FASTags mark"Besides this, Paytm Payments Bank is also India's largest acquirer of toll plazas for the National Electronic Toll Collection (NETC) progr...