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PAYTM RBI ACTION
Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, w...- 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...
- 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...
- 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 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...
- RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upsideThe RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental operations and prejudiced manageme...
- Paytm says no financial or business impact from PPBL action; services remain fully operationalPaytm has said that the Reserve Bank of India’s (RBI) action on Paytm Payments Bank Ltd (PPBL) will have no financial or business impact on...
- RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
- Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
- Paytm may get NPCI nod for third-party application license but no relief for banking arm beyond March 15: ReportThe National Payments Corp of India (NPCI) is expected to grant a third-party application provider license to Paytm, also known as One 97 C...
- Paytm bank RBI Ban: Indian fintech is fast, furious — and fraudulent?The Reserve Bank of India has taken regulatory action against Paytm and Visa Inc., and more nonbank intermediaries may be targeted. The gro...
- Paytm Payments Bank crisis: RBI extends timeline for deposits, credit transactions till March 15The RBI on Friday extended the timeline for Paytm Payments Bank's customers to make deposits and access credit transactions till March 15. ...
- RBI Guv on Paytm review; startups' Google plea on Play StoreCentral bank chief Shaktikanta Das has ruled out any review of the regulatory action against Paytm Payments Bank. This and more in today’s ...
- Paytm crisis: Startup founders write to FM, RBI Guv seeking review of central bank actionThe note, signed by startup founders including Policybazaar's Yashish Dahiya, Bharat Matrimony’s Murugavel Janakiraman, Makemytrip’s Rajesh...
- Paytm’s earnings likely to take a Rs 300-500 crore hitPaytm expects a hit on its Ebitda after the Reserve Bank of India halted its banking business. Paytm will continue its merchant payment bus...
- Shock and awe: Founders decry RBI action against PaytmThe Reserve Bank of India's decision to prohibit Paytm's vertical Paytm Payments Bank from offering all forms of banking services within a ...
- 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 ...
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