Browsing: Paytm Payments Bank

Indian digital payments platform Paytm warned of job cuts on Wednesday after it said its net loss widened in the fourth quarter as it faces a…

India’s Paytm has secured a vital license it needed to survive and maintain the continuity of many key features of its namesake payments app, a day…

Vijay Shekhar Sharma, founder and majority owner of Paytm Payments Bank, stepped down from the troubled unit’s board days after India’s regulator signaled the go-ahead for…

India’s central bank has extended the deadline for some business restrictions on Paytm’s Payments Bank to March 15 in the “larger public interest”, dashing hopes of…

India’s central bank said on Thursday it takes supervisory action and imposes business restrictions only after “persistent non-compliance” with rules, its first comment since last week’s…

Shares of Paytm plunged 10% on Monday, their third straight session down, to hit a record low of 438.35 Indian rupees (or $5.28) after the RBI…

The Reserve Bank of India (RBI) has widened its restrictions on Paytm’s Payments Bank, which processes transactions for financial services giant Paytm, preventing it from offering…

Paytm on Thursday said it will stop working with affiliate Paytm Payments Bank and accelerate plans to work with other banks after India’s central bank barred…

The Reserve Bank of India is discussing more sanctions on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter…