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PAYTM REGULATORY ISSUES
Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.- RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
- Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
- Paytm shares climb 5% after Q4 results. Do Jefferies, Goldman Sachs and Bernstein see further upside?Paytm's parent company, One 97 Communications, reported a profit of Rs 184 crore for the fourth quarter. This led to a significant rally in...
- Sun Pharma deal structurally strong, debt the only overhang: Amit KhuranaMarket expert Amit Khurana offers insights on key corporate and regulatory developments. Sun Pharma's acquisition is seen as strategically ...
- 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 ...
- Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
- 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 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.
- Haitong sees 26% upside in Paytm. Lists 4 reasons for buying the dipsHaitong has initiated a coverage on One 97 Communication (Paytm) with an ‘Outperform’ rating for a target of Rs 1,410, implying an upside o...
- Paytm shares tumble 4% after ED issues show cause notice over alleged FEMA violationsAccording to Paytm, the ED has identified non-compliance amounting to Rs 245 crore in OCL, Rs 345 crore in Little Internet, and Rs 20.9 cro...
- Paytm gets show cause notice from ED over alleged Fema violationsThe non-compliance identified by the ED amounts to approximately Rs 245 crore in OCL, Rs 345 crore in Little Internet, and Rs 20.9 crore in...
- Do you have @Paytm UPI handle? You need to do this before March 15The Reserve Bank of India (RBI) is taking steps to ensure smooth digital payments for Paytm UPI users with "@paytm" handles, as Paytm Payme...
- PhonePe anticipates increased market share: CEO Sameer Nigam on RBI action against PaytmPhonePe CEO Sameer Nigam expects to gain from potential decline in Paytm's user base. PhonePe witnessed an increase in user base due to reg...
- Jefferies temporarily suspends rating on Paytm but falls short of stopping coverageJefferies temporarily suspends coverage on Paytm due to uncertain valuation, pending RBI regulatory actions, potential merchant/user attrit...
- RBI action on Paytm Payments Bank has drawn fintechs' attention to compliance of laws: ChandrasekharUnion Minister Rajeev Chandrasekhar emphasized the importance of regulatory compliance for fintech firms in light of the Paytm Payments Ban...
- Financial Services Secretary Vivek Joshi states RBI primed to handle Paytm issueFinancial Services Secretary Vivek Joshi clarified that the Reserve Bank of India (RBI) actions against Paytm fall under the RBI's jurisdic...
- Paytm shares jump 9% after Vijay Shekhar Sharma meets RBI, FM Nirmala SitharamanFollowing three days of non-stop selling in lower circuits which led to 42% crash in the stock, Paytm shares ended 3% higher yesterday. At ...
- RBI bans Paytm Bank from onboarding new customers"Onboarding of new customers by Paytm Payments Bank Ltd will be subject to specific permission to be granted by RBI after reviewing report ...
- Paytm's IPO to open on November 8 in Rs 2,080-2,150 price bandThe mega IPO will hit the primary market on November 8. The company has decided to increase the IPO size to Rs 18,300 crore from Rs 16,600 ...
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