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Paytm slides deeper into losses after RBI order, warns of more downside

Finance

22 May, 2024

Paytm slides deeper into losses after RBI order, warns of more downside

Paytm posted a wider loss in the fourth quarter on Wednesday and warned of further financial impact in the current ......

ED fails to find breaches in Paytm Payments Bank's overseas transactions so far

TMT

19 February, 2024

ED fails to find breaches in Paytm Payments Bank's overseas transactions so far

An investigation into possible foreign exchange violations at Patym Payments bank by India's financial crime fighting agency has not yet ......

Enforcement Directorate seeks overseas transaction details from Paytm Payments Bank

TMT

14 February, 2024

Enforcement Directorate seeks overseas transaction details from Paytm Payments Bank

India's financial crime fighting agency is seeking details on overseas transactions from Paytm Payments Bank, a unit of one of ......

RBI declines to review Paytm Payments Bank issue

TMT

12 February, 2024

RBI declines to review Paytm Payments Bank issue

India's central bank will not review its recent regulatory action taken on Paytm Payments Bank, Governor Shaktikanta Das said on ......

Mild recovery in Paytm shares after reports of CEO meeting finance minister, RBI officials

TMT

07 February, 2024

Mild recovery in Paytm shares after reports of CEO meeting finance minister, RBI officials

Shares of Paytm climbed as much as 10% on Wednesday after media reported that the embattled digital payments firm's CEO ......

Paytm CEO in talks with RBI on regulatory concerns

Finance

06 February, 2024

Paytm CEO in talks with RBI on regulatory concerns

Paytm Chief Executive Vijay Shekhar Sharma met officials from the the Reserve Bank of India (RBI) on Monday to discuss ......

RBI imposes $600,000 penalty on Paytm Payments Bank

Finance

12 October, 2023

RBI imposes $600,000 penalty on Paytm Payments Bank

India's central bank said on Thursday it has imposed a penalty of 53.9 million rupees ($647,762.58) on Paytm Payments Bank ......

MediaTek to invest in Paytm; values it at $4.8 bn

TMT

29 August, 2016

MediaTek to invest in Paytm; values it at $4.8 bn

One 97 Communications Ltd, which runs mobile payments and e-commerce platform Paytm, has received commitment of $60 million (Rs 403 ......

Why payment bank aspirants are getting cold feet

General

31 May, 2016

Why payment bank aspirants are getting cold feet

When the Reserve Bank of India (RBI) last year granted in-principle approval to 11 entities to start payment banks, the ......