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PAYTM PAYMENTS BANK RBI
Easebuzz FY26 revenue rises 10% to Rs 723 crore; profit drops 41%Profit after tax fell 41% to Rs 11.15 crore from Rs 18.77 crore in FY25. The value of payments processed by the company, however, rose abou...
Plastic notes in India coming soon: Why govt wants polymer banknotes, which countries use them and how these currencies helpWhy is RBI introducing plastic notes?The government's approval for RBI polymer notes has renewed focus on why RBI plastic notes are needed....
Delhi HC orders winding up of Paytm Payments Bank, appoints former SBI official as liquidatorThe Delhi High Court has issued a ruling for the liquidation of Paytm Payments Bank Ltd, following the Reserve Bank of India's decision to ...
Delhi High Court orders winding up of Paytm Payments Bank after RBI licence cancellationPaytm Payments Bank Limited is set for closure as per the directive from the Delhi High Court, resulting from the Reserve Bank of India's e...
Government sets up India Digital Payment Intelligence Corp to contain cyber fraudsIndia Digital Payment Intelligence Corporation has been established to combat cyber financial frauds. This new entity will share real-time ...
Govt approves RBI's trials of ₹10, ₹20 polymer notes; no plan to replace paper currencyThe government has approved the Reserve Bank of India's proposal for polymer banknotes. One billion pieces each of ten and twenty rupee pol...
More layoffs at Krutrim; PhonePe vs PaytmHappy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Di...
ETtech Explainer: Why PhonePe’s UPI lead lags Paytm’s profitsPhonePe's revenue grew while its net loss widened significantly in FY26. Paytm's revenue increased and it achieved profitability against a ...
No proposal for one-time waiver of loans of small, marginal farmers: MoS FinanceThe government has no current proposal for a one-time loan waiver for farmers. The Reserve Bank of India offers financial restructuring opt...
PhonePe FY26 losses surge 62% to Rs 2,792 crore, revenue up 11%Walmart-owned fintech company PhonePe has posted an 11% increase in its operating revenue for fiscal 2026 at Rs 7,920 crore. Its net loss, ...
Paytm attracts more Gen Z users as its UPI payments growth outpaces industryPaytm's app enhancements and AI features are attracting new Gen Z customers. The company's UPI payments business grew over double the indus...
Paytm told to pay over Rs 20,000 after flight ticket refund failed to reach customerA consumer commission ordered Paytm to refund a cancelled flight ticket. The airline had already sent the refund amount to Paytm. Paytm fai...
RBI likely used dollar deposit surge to cut record FX forward book, economists sayReserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term doll...
Paytm to monetise in-house AI tools, sharpen wealth pushFounder and chief executive Vijay Shekhar Sharma said some AI products had already started generating a few lakh rupees in revenue. The com...
EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...
Paytm shares gain 3% after Q1 results. What are Goldman Sachs, Citi and CLSA saying?Paytm shares rose 2.7% after the fintech firm reported a 79% year-on-year jump in Q1 consolidated net profit to Rs 220 crore. Revenue from ...
Paytm Q1 profit jumps 79%; board shelves bonus share proposalPaytm's earnings before interest, taxes, depreciation and amortisation (Ebitda) rose 182% year-on-year to Rs 203 crore during the quarter. ...
Paytm board shelves bonus issue, prioritises growth and profitabilityThe board discussed the proposal at its meeting on July 20 before deciding not to take it forward “at this time”, the company said in a sto...
Nearly 55.49 crore UPI users onboarded by June 2026Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...
RBI asks banks to clear old trade and payment mismatchesThe RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...