The unit faced a significant setback last year when the Reserve Bank of India (RBI) effectively suspended its operations due to regulatory concerns. Now, Vijay Shekhar Sharma, Paytm’s founder ...

The RBI should not therefore be taken in by the board reshuffle of Paytm Payments Bank. If the RBI suspects facilitation of large-scale money laundering, its choice should be only one — asking ...

Almost a year since the Reserve Bank of India’s (RBI) regulatory curbs, fintech giant Paytm has had a 32.7% year-on-year decline in its income going from making Rs 2999 crore in December 2023 to ...

the RBI said The Reserve Bank of India (RBI) on February 22 said customers and merchants having ‘@paytm’ handles are to be migrated in a seamless manner from Paytm Payments Bank to a set of ...

Paytm Payments Services Limited CEO Nakul Jain will be resigning on March 31, 2025, its parent company One97 Communications informed in an exchange filing on Monday. “Nakul Jain, Managing ...

However, recent accusations of financial impropriety by the Reserve Bank of India (RBI) triggered severe actions, including the suspension of new deposits into Paytm accounts and digital wallets.

“We understand that the situation has become adverse for the company since the RBI restrictions on Paytm Payments Bank. We are not complaining about the layoffs, our problem is with the ...

In November 2022, the Reserve Bank of India (RBI) rejected Paytm’s application due to non-compliance with Foreign Direct Investment regulations. However, in August 2024, Paytm received ...

Last month Paytm also received regulatory approval from the Reserve Bank of India (RBI) to launch its payments bank.

The RBI had restricted Paytm Payments Bank from accepting deposits ... The entire flow of Paytm transactions is happening through us without any problem, Kumar said .On March 15, Moneycontrol ...

How has RBI’s action affected Paytm, that has more than three dozen ... Paytm has no diversification strategy to save itself from problems in one segment. “The biggest challenge is the ability ...