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.
27 Apr, 2026, 08.41 AM IST
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...
25 Apr, 2026, 11.55 AM IST
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.
24 Apr, 2026, 10.24 PM IST
Paytm receives RBI compounding order, to pay Rs 18.7 lakh for Fema contraventionIn a stock exchange filing on Monday, the company said the RBI has imposed a compounding fee of Rs 18.76 lakh in connection with certain in...
03 Feb, 2026, 01.56 PM IST
Paytm Payments Bank board is independent, Paytm CEO Sharma saysThe Reserve Bank of India (RBI) in late January had ordered Paytm Payments Bank to stop accepting new deposits in its accounts or digital w...
22 Apr, 2024, 06.56 PM IST
ED initiates inquiry against Paytm Payments Bank: ReportThe Enforcement Directorate (ED) has reportedly commenced its inquiry against Paytm Payments Bank, as per sources cited by CNBC-TV18 on Wed...
14 Feb, 2024, 02.56 PM IST
Macquarie cuts Paytm price to Rs 275 after RBI crackdownThe downgrade comes in the wake of the recent regulatory action on Paytm Payments Bank by the Reserve Bank of India. In a January 31 order,...
13 Feb, 2024, 09.26 AM IST
ED probe on Paytm horizon; Vijay Shekhar Sharma knocks on FM’s doorsPaytm founder and chief executive officer Vijay Shekhar Sharma Tuesday met finance minister Nirmala Sitharaman in the backdrop of the banki...
07 Feb, 2024, 08.07 AM IST
Paytm Crisis: When Raghuram Rajan bet on the payments bank plan to test innovation boundariesPaytm is facing a regulatory curb by Mint Street. Former RBI Governor Raghuram Rajan had warned about Paytm's likely discomfort with regula...
06 Feb, 2024, 01.30 PM IST
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...
06 Feb, 2024, 08.59 AM IST
ED, GST authority flagged several violations by Paytm earlierThe ED and DGGI have investigated Paytm for alleged money laundering and illegal betting. The agencies have raised concerns about Indian pa...
05 Feb, 2024, 11.25 AM IST
Will Paytm stop working? Decoding the RBI order and what it means for youIn a surprising move, the Reserve Bank of India (RBI) has restricted all services provided by Paytm Payments Bank (PPBL), effective Februar...
02 Feb, 2024, 09.11 PM IST
Paytm Payments Bank told to halt services by February-endThe Reserve Bank of India, in a notification issued on Wednesday, has barred Paytm from offering all basic payment services, including Unif...
02 Feb, 2024, 09.05 PM IST
Fintechs fear RBI’s Paytm action to have wider implicationsMany founders and investors took to public platforms to point out that the Reserve Bank of India’s directive has come across as being harsh...
01 Feb, 2024, 09.34 PM IST
RBI froze Paytm Payments Bank after years of warnings about data flowsA technical audit by the Reserve Bank of India found money and data traffic flows between the tightly regulated Paytm Payments Bank Ltd. an...
01 Feb, 2024, 07.45 PM IST
RBI orders halt on Paytm Payments bank transactions: How will customers be affected?RBI orders Paytm Payments Bank to halt deposits and credit transactions post-Feb 29, 2024, citing persistent non-compliance and supervisory...
01 Feb, 2024, 06.04 PM IST
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...
01 Feb, 2024, 05.24 PM IST