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...
28 Jul, 2026, 04.39 PM IST
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 ...
28 Jul, 2026, 04.27 PM IST
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...
28 Jul, 2026, 09.08 AM IST
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...
28 Jul, 2026, 07.48 AM IST
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 ...
28 Jul, 2026, 06.00 AM IST
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...
27 Jul, 2026, 07.38 PM IST
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, ...
25 Jul, 2026, 06.50 PM IST
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...
23 Jul, 2026, 04.31 PM IST
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...
22 Jul, 2026, 03.11 PM IST
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...
22 Jul, 2026, 02.04 PM IST
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...
21 Jul, 2026, 08.06 PM IST
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...
21 Jul, 2026, 05.40 PM IST
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 ...
21 Jul, 2026, 09.41 AM IST
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. ...
20 Jul, 2026, 11.04 PM IST
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...
20 Jul, 2026, 10.36 PM IST
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...
20 Jul, 2026, 07.21 PM IST
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...
20 Jul, 2026, 01.04 AM IST