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PAYTM CRISIS
RBI's Paytm bank extension with riders; Mumbai a startup hub?More payment banks are likely to face regulatory action on allegations of money laundering, following the recent RBI crackdown on Paytm. Th...
ED seeks overseas transaction details from Paytm Payments BankEarlier this month, Reuters had reported the Enforcement Directorate had started a probe into One 97 Communications, also known as Paytm, o...
Macquarie downgrades Paytm; IT headcount drops againGlobal brokerage Macquarie has downgraded Patym’s stock and slashed its target price following the recent action by the central bank. This ...
Amid Paytm crisis, Indian NBFCs explore options for loan disbursalIndian non-bank lenders are exploring alternative options for loan disbursal amid concerns over the regulatory issues surrounding Paytm, wh...
RBI to tap NHAI, NPCI to fix rescue plan for Paytm usersAmid the ongoing Paytm crisis, the Reserve Bank of India will meet with the National Highways Authority of India (NHAI) and the NPCI, among...
RBI to meet stakeholders on Paytm; Tata Digital’s $1 billion boostThe banking regulator will meet industry bodies and other intermediaries next week to chart a course for migration of merchants and custome...
Paytm reassures services remain unaffected after RBI Guv remarksThe company’s comments come after RBI governor Shaktikanta Das said that the regulator has given sufficient time to regulated entities such...
Paytm Crisis: Action was taken after persistent non-compliance, says RBI Deputy Guv SwaminathanThe Reserve Bank of India (RBI) has taken disciplinary action against Paytm Payments Bank, following persistent non-compliance. The action ...
RBI gives a must-do-list for financial institutions amid Paytm crisisRBI Governor emphasised the importance of good governance, risk management, compliance culture, and customer protection for the safety of f...
Paytm Money KYC process under review; Satya Nadella on India’s AI potentialThe customer verification process of Paytm Money, the wealth management entity run by Paytm’s parent One 97 Communications, is being audite...
RBI, ED likely to turn up heat on mobile payment users violating Fema rulesIn its communication sent last week of November, RBI had shared information with ED of the entities which may have committed Fema and other...
ED probe likely for Paytm; BharatPe gets MCA noticeTroubled fintech Paytm faces a potential probe by the Enforcement Directorate after the central bank flagged concerns, sources told ET. Thi...
View: Paytm crisis shows RBI under Raghuram Rajan didn't think about orderly resolution. Who loses now?The RBI’s unhappiness isn’t new. It stopped Paytm Payments Bank from onboarding fresh customers nearly two years ago. Last year, while impo...
Paytm crisis: PhonePe makes hay, user base climbs 15-20%PhonePe is already the leader in terms of UPI transaction volumes having a 46% share in the October-December period. This market share is l...
Paytm crisis deepens; taming of the alpha founderPaytm’s peers and users have gone back to re-strategise as the fintech firm untangles the regulatory knots. The latest on this and more in ...
Paytm crisis: Read our top stories on RBI action and its implications on fintech ecosystemThe Reserve Bank of India (RBI) directed Paytm Payments Bank to stop banking services due to violations, including money laundering and KYC...
Paytm-Byju’s crisis: Alphas, cowboys and the strong, silent typesTwo of the biggest names in the Indian startup world, Paytm's Vijay Shekhar Sharma and Byju's founder Byju Raveendran, face an existential ...