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4 days ago · Updated on 01 Jun 2024. 2024 brought one bad news after another for One97 Communications Ltd.’ Paytm as the RBI banned its lending arm from performing any banking services. The Reserve Bank of India has been tightening the regulatory framework in the banking sector to prevent people from getting involved in nefarious activity or scams.
May 14, 2024 · May 14, 2024. Paytm Payments Bank was recently banned in India by the government on the pretext of non-compliance with regulations and supervisory issues. But, this doesn't mean that Paytm will also stop working.
May 21, 2024 · PAYTM PAYMENTS BANK. Paytm Q4 losses tripled; Oyo IPO withdrawn. Troubled fintech Paytm reported its first quarterly earnings after the RBI banned its payments bank in January. This and more in today’s ETtech Top 5. 22 May, 2024, 07:52 PM IST. Paytm expects near-term impact on revenue, profitability due to regulatory action: Vijay Shekhar Sharma.
May 22, 2024 · Corporate. How RBI Restrictions on Paytm Payments Bank Impacted Paytm’s Q4 FY24 Results. Paytm wrote off its investment in Paytm Payments Bank Limited (PPBL) for Rs 227.1 crore and...
May 22, 2024 · The Reserve Bank of India had ordered Paytm Payments Bank, an associate of Paytm, to stop accepting fresh deposits in its accounts or digital wallets from March, raising concerns about revenue ...
May 23, 2024 · Mumbai: A clutch of senior and mid-level executives at Paytm and its associate company Paytm Payments Bank are seeking roles elsewhere amid regulatory restrictions on the group and top-level churn ...
May 19, 2024 · India currently has six active payments banks, including the beleaguered Paytm Payments Bank, Airtel Payment Bank, India Post Payment Bank, Fino Payment Bank, NSDL Payment...
