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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...
- Paytm shares crash another 9% as investors lose Rs 26,000 crore in 10 daysGlobal broking firm Macquarie, which has shared a love-hate relationship with Paytm stock, has downgraded the new-age stock to underperform...
- RBI's Shakti: For central bank, Paytm action is not an exception but a rulePaytm crisis: The Reserve Bank of India (RBI) has been cracking down on financial entities in recent years, and the action taken against Pa...
- 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 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 shares crash over 42% in 3 days; investors lose Rs 20,500 croreShares of Paytm fell 10% due to regulatory crisis and investigation by the Directorate of Enforcement. The stock has lost 42.4% of its valu...
- 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...
- 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...
- How will RBI's ban impact Paytm? Here are key takeawaysPaytm Payments Bank is the third-largest player in the Fastag eco-system
- 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...
- 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’s major blow to Paytm; IT fresher hiring at record lowThe Reserve Bank of India dealt Patym a severe blow, barring the listed fintech’s payment bank from offering banking services after Februar...
- 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.
- 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 ...
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