MUMBAI/BENGALURU, March 1 (Reuters) – Payments firm Paytm, opens new tab on Friday cut some ties with its payments bank unit, which India’s banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a
New Delhi, Feb 16 (PTI) Fintech firm One97 Communications — owner of the brand Paytm — has shifted its nodal account to Axis Bank from Paytm Payments Bank. The move will allow continuity of Paytm QR, Soundbox, card machine after the March
BENGALURU, Feb 13 (Reuters) – Shares of Indian payments firm Paytm, opens new tab dropped 8.5% to a record low of 386.25 rupees on Tuesday after brokerage Macquarie downgraded the stock, citing the “serious risk of exodus of customers” following the Indian
New Delhi, Feb 12 (PTI) RBI Governor Shaktikanta Das on Monday said there was “hardly any room” to review the action taken against Paytm Payments Bank. In a major action against Paytm Payments Bank (PPBL), Reserve Bank of India, on January 31,
