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13 hours ago · Paytm Payments Bank is currently in a dispute with its auditor, JC Bhalla & Co, which has raised concerns about the viability of the business. The RBI's action has also had a negative impact on ...
17 hours ago · Asked how the RBI action on Paytm Payments Bank impacted him as a founder, he said that individually it was an emotional setback, and that professionally “obviously we learnt a lesson, ...
14 hours ago · Paytm is facing challenging times following stringent regulatory measures imposed on its associate company, Paytm Payments Bank Limited (PPBL), by the Reserve Bank of India (RBI).
23 hours ago · Paytm founder Vijay Shekhar Sharma on Saturday spoke about his learnings from the RBI action on Paytm Payments Bank, admitting that it was an emotional setback at a personal level, while professionally it was a lesson learnt about fulfilling responsibilities better.
15 hours ago · On March 11, the RBI barred Paytm Payments Bank from onboarding new customers. ANI. Shares of One97 Communications ( Paytm) on Monday surged a little over 9% to the day’s high of Rs 477, rising closer to the Rs 500 level after it hit a 52-week low of Rs 310 in May. The stock fell 20% for two consecutive days after January 31, when the Reserve ...
Jul 9, 2024 · Domestic payment frauds on UPI jumped from 195,000 in the 2021 financial year (FY) to 725,000 in FY2023, with losses increasing from 1.1 billion rupees to 5.75 billion rupees in the same period.
13 hours ago · The company following a sharp decline earlier due to regulatory actions against its banking arm, Paytm Payments Bank, have been en route to recovery for some weeks now in its share price. On ...
