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Worries arise over gaming of WhatsApp usernamesThe feature, expected to roll out later this year, will allow users to connect using usernames instead of sharing their phone numbers. Whil...- 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...
- 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 ...
- Smaller UPI apps to demand fresh curbs on market leaders at NPCI meet: SourcesSmaller third-party UPI players are set to propose new curbs on market leaders like PhonePe, Google Pay, and Paytm to the NPCI. They aim to...
- 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 ...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- 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...
- Paytm lays off employees as part of restructuring, facilitates outplacement supportPaytm's sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly due...
- Paytm bank RBI crackdown may just be the start? Banks’ rush for clients set for reckoningPaytm: Indian regulators are cracking down on potential fraud in the financial sector, starting with Paytm. The Reserve Bank of India is ge...
- Vijay Shekhar Sharma: Can the whiz-kid from Aligarh rock again?Vijay Shekhar Sharma, the founder and CEO of Paytm, has built the company from a startup to India's biggest mobile payments company. Howeve...
- Jio Financial denies being in talks to acquire Paytm walletJio Financial Services clarifies it is not in talks with One 97 Communications to acquire Paytm wallet. JFSL denies negotiations and calls ...
- Paytm Payments Bank: India's startup rockstar, Paytm CEO Sharma, battles regulatory crisisVijay Shekhar Sharma, India's startup king, faces a crisis as investors plunder Paytm's valuation due to regulatory action by the central b...
- Paytm's Plight: India’s fintech pioneer has lost more than its bankInvestors question if Paytm Payments Bank can thrive without regulator's trust. The Reserve Bank of India's ban on deposit or credit transa...
- What next for Paytm's banking arm after India central bank clampdown?Paytm: The Reserve Bank of India (RBI) has instructed Paytm's payments bank subsidiary to cease accepting new deposits, signaling a potenti...
- BSE seeks info from Paytm on share price freefallThis is an all-time low for the company’s stock price. Paytm’s issue price was Rs 2,150 when it listed on the bourses last November.
- 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 ...
- RBI directs Paytm Payments Bank to stop onboarding new customersPaytm Payments Bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system.
- 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 may launch Bitcoin trading if India legalises cryptocurrency“Bitcoin is still in a regulatory grey area if not a regulatory ban in India,” Paytm's Chief Financial Officer Madhur Deora said.
- HDFC Bank inks pact with Paytm to ramp up credit card issuanceThe launch of the HDFC Bank-Paytm co-branded cards is slated for next month, ahead of the festive season which typically sees a spurt in sp...
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