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Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...- 20 months of bearish markets: One additional letter that tells you which 'cheap' stocks are actually cheapMost investors live by one ratio. That ratio that tells them all they want to know – or should one say all they want to hear? They open a s...
- Stocks in news: Coal India, Marico, Fino Payments Bank, L&T, PhysicswallahIndian markets closed lower amid global volatility and geopolitical concerns, with analysts expecting continued choppiness due to monthly e...
- ICICI Bank adds most credit cards in April amid rising competitionAxis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained steady at 33,038 additions. "We are ...
- RBI approves 3-month extension for Fino Payments Bank interim CEOFino Payments Bank announced that the Reserve Bank of India has approved a three-month extension for Ketan Merchant as interim CEO. This fo...
- Stocks in news: ITC, LIC, Sun Pharma, Maruti Suzuki, Fino Payments BankBenchmark indices experienced a negative close on Thursday, marked by volatile trade and profit booking. Analysts anticipate the Nifty to c...
- Fino Payments bank CEO Rishi Gupta resigns after 'fit and proper' clearance, interim chief extendedFino Payments Bank board accepted Rishi Gupta's resignation as MD and CEO. This decision came even after the board found him fit and proper...
- RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
- RBI discontinues investment fluctuation reserve requirement for banksThe Reserve Bank of India has discontinued the Investment Fluctuation Reserve for commercial banks. This change takes effect from May 18, 2...
- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
- RBI eases rules for banks to include quarterly profits in regulatory capitalThe Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Fifth Amendment Directions, 2026 said a bank may reckon...
- Paytm rules out NBFC licence plansPaytm, the fintech major, has decided against seeking a Non-Banking Financial Company license. The company prefers a partnership model for ...
- Smarter fraud protection begins when you separate your moneyIndia's digital payments are booming, but using a single savings account for all transactions risks your core savings. A smarter approach i...
- Fino eyes asset-light, tech-led small finance bankFino Payments Bank is moving forward with its plan to become a small finance bank. The bank will focus on technology and secured lending, a...
- Payments bank licence cancellation won’t impact Paytm’s business: BernsteinPaytm has successfully separated its core operations from Paytm Payments Bank following the RBI's license cancellation. The company's payme...
- Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impactPaytm shares fell 8% after RBI cancelled Paytm Payments Bank’s licence but recovered sharply as brokerages stayed bullish. Analysts see lim...
- Paytm Payments Bank is finished. Ashvin Parekh on what it means for your money & your Paytm appThe RBI has cancelled Paytm Payments Bank's license. This formal step concludes a process that began in 2022. The winding-down process is n...
- 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...
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