India’s central bank has extended the deadline for some business restrictions on Paytm’s Payments Bank to March 15 in “larger public interest,” dashing hopes of any major concessions but allowing ...
Yes Bank MD and CEO Prashant Kumar reportedly said the bank is open to acquiring Paytm Payments Bank’s merchants as it would open up a significant opportunity However, this would require Yes Bank to ...
Paytm has received approval from the Reserve Bank of India to extend its payment aggregator licence to cover offline and ...
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 ...
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 ...
Paytm, the operating name of One 97 Communications Limited (PAYTM.NS), shares cratered today as the Reserve Bank of India (RBI) decided to halt deposits in its digital wallet and accounts. Paytm ...
With the clock ticking down to March 15, the day Paytm Payments Bank faces significant operational restrictions as mandated by the Reserve Bank of India (RBI), customers are in a scramble to ...
NEW DELHI, Feb 3 (Reuters) - India's central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification and has passed the information on to the ...
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Paytm Payments Services gets 'in-principle' nod from RBI to operate as online payment aggregator
Paytm Payments Services Limited on Tuesday said it has received in-principle nod from the Reserve Bank of India (RBI) operate as an Online Payment Aggregator under the Payment and Settlement Systems ...
MUMBAI/NEW DELHI, Feb 14 (Reuters) - India's financial crime fighting agency is seeking details on overseas transactions by Paytm Payments Bank after the central bank last month ordered it to wind ...
MUMBAI, Feb 8 (Reuters) - The Reserve Bank of India's (RBI) clampdown on Paytm Payments Bank was the result of persistent non-compliance with regulations, top central bank officials said on Thursday, ...
BENGALURU, Feb 19 (Reuters) - Shares of Indian payments firm Paytm PAYT.NS rose 5% on Monday, after the country's central bank granted its banking arm more time to wind down operations and the company ...
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