India-based Paytm Payments Bank Ltd (PPBL) says it’s “revolutionizing” the nation’s digital banking sector which has grown significantly during the past four years. Today, Paytm Payments Bank offers ...
The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 ...
Paytm said Thursday that it will cease work with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from ...
Paytm, a digital payments company in India, is gearing up for a potential revival of its banking arm, Paytm Payments Bank. The unit faced a significant setback last year when the Reserve Bank of India ...
In further trouble for Paytm Payments Bank, the Reserve Bank of India (RBI) has barred it from any deposits or credit transactions, or top-ups in any of its customer accounts. The central bank in a ...
MUMBAI, Feb 16 (Reuters) - India's Paytm Payments Bank has been given more time by the central bank to wind down its operations, while its parent company has signed on a new banking partner to try to ...
MUMBAI, March 14 (Reuters) - Indian digital payments firm Paytm PAYT.NS plans to cut close to 20% of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank ...
Payment aggregators, platforms that bring together various online payment options, must be licensed by India's central bank and banking regulator, Reserve Bank of India. Indian financial technology ...
BENGALURU, Feb 1 (Reuters) - Shares of Indian payments firm Paytm PAYT.NS are set to open lower on Thursday, after a move by the country's financial regulator to halt business at Paytm's payments bank ...
Paytm Payments Bank, which processes transactions for India’s digital payments giant Paytm, was barred from taking on new customers because it violated rules by allowing data to flow to servers abroad ...