Official Paytm News: Your Trusted Source for Verified Paytm …
Looking for verified and timely news about Paytm? Here’s your go-to source. Read about Paytm’s latest news and developments to make informed decisions and stay ahead in the dynamic financial landscape.
India's Paytm faces licence uncertainty as RBI order wipes $2 bln …
BENGALURU, Feb 2 (Reuters) - Paytm Payments Bank's digital wallet business may not be able to operate after Feb. 29 unless India's central bank approves a transfer of its licence to parent group...
Paytm receives approval from RBI to onboard new UPI users
Oct 24, 2024 · Paytm had submitted a request to NPCI in August, and the approval has now been granted. The ban on Paytm's banking unit was initiated by the country's financial regulator in January due to ongoing ...
Why Did India Order Paytm to Stop Key Businesses, What’s Next …
Feb 1, 2024 · India’s banking regulator ordered a unit of fintech pioneer Paytm to halt much of its business, sending the company’s shares plunging their 20% limit on Thursday.
Paytm News: Paytm soars 10%, hits upper circuit after govt …
Jul 26, 2024 · The shares of fintech major Paytm soared as much as 10% intraday to hit an upper circuit on Friday after the government approved the company's foreign direct investment (FDI) proposal for payment aggregator business.
Paytm News: Paytm Latest News & Recent Paytm latest updates …
Emkay upgrades Paytm to add, raises target price to Rs 750. Paytm has largely protected its merchant base (settled at 41 mn) and transitioned its user base (78mn, down in 1QFY25 from 100mn) to new partner banks which should now pave the way for the long-pending NPCI approval to onboard new users.
Paytm's Vijay Shekhar Sharma on RBI action: ‘In my lifetime, I …
Paytm founder Vijay Shekhar Sharma said that he was confident that his company will overcome regulatory setbacks in India this year and stage a comeback.
Paytm to stop working after Feb 29? What RBI said, what it means …
Jan 31, 2024 · The Reserve Bank of India has imposed certain restrictions on Paytm Payments Bank of India, which will bar the platform from onboarding new customer, and limit existing customers from sending or receiving money from their savings accounts after February 29. Here is the full story in 5 points.
Paytm shares fly 11% as NPCI allows co to onboard new UPI …
Oct 23, 2024 · “Paytm has finally received NPCI approval for adding new UPI users which paves the way for re-accelerating its dwindling user base and further signalling an easing of regulatory stance. We believe Paytm’s cost optimisation measures and gradual business turnaround will put it on an early path to profitability (Ebitda/PAT positive by FY26E/27E).
Exclusive: India's Paytm gets government panel nod to invest in ...
Jul 9, 2024 · India's beleaguered Paytm has secured approval from a government panel that oversees investments linked to China to invest 500 million rupees ($6 million) in a key subsidiary, three sources with...