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RBI PAYTM ORDER
Paytm gets RBI preliminary nod for pre-paid instruments, including walletPaytm's payments unit on Friday received initial approval from the RBI to run a system for issuing prepaid payment instruments, including d...
RBI removes Paytm Payments Bank from list of scheduled banksIn April this year, the Reserve Bank of India (RBI) had cancelled the banking licence issued to PPBL for non-compliance with norms, saying ...
Jefferies says Sebi's proposed CAS changes will remove uncertainty, but still remains negative on BSE. Here’s whyJefferies expects Sebi’s proposed CAS changes to reduce expiry-day volatility and uncertainty but remains negative on BSE shares, citing li...
Delhi High Court orders winding up of Paytm Payments Bank after RBI licence cancellationPaytm Payments Bank Limited is set for closure as per the directive from the Delhi High Court, resulting from the Reserve Bank of India's e...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...