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 on Friday asked Paytm Payments Bank to stop opening new accounts amid “material supervisory concerns” observed in the bank. “Reserve Bank of India has today, in exercise of its ...

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.

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 ...

“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 ...

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 ...

On Thursday, RBI Governor Shaktikanta Das said Paytm had been given sufficient ... start-up - edtech company Byju's - is facing problems after battling a series of financial challenges.

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.