Paytm Payments Bank
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RBI cancels Paytm Payments Bank licence: What it means for customers and their deposits
Business | Apr 24, 2026, 11:48 PM ISTThe RBI has cancelled the licence of Paytm Payments Bank over serious compliance violations and governance concerns. The bank can no longer provide banking services and the central bank will move the High Court for its closure.
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Paytm Payments Services CEO Nakul Jain resigns | Here's what next for him
Business | Jan 28, 2025, 01:16 PM ISTNakul Jain resigns: Nakul Jain's resignation comes as the company is awaiting the Reserve Bank of India's approval for a payment aggregator licence.
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Paytm starts migrating customers to new UPI IDs | Here's how it will affect you
Business | Apr 22, 2024, 06:15 PM ISTEarlier, the Reserve Bank of India (RBI) had issued draft guidelines to further strengthen regulations on payment aggregators. Central banks's guidelines also cover the physical point-of-sale activities of payment aggregators (PAs).
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Paytm Payments Bank crisis: Surinder Chawla resigns as MD and CEO
Business | Apr 09, 2024, 05:34 PM ISTPaytm (PAYT.NS) has said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank.
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A guide on how to close Paytm Payments Bank FASTag in easy steps
Technology | Mar 15, 2024, 05:47 PM ISTThe National Highways Authority of India (NHAI) has advised all Paytm Fastag users to switch to a new issuer authorised by NHAI. Here's how to close your Paytm FASTag in easy steps.
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Paytm gets third-party app license from NPCI to perform UPI transactions
Business | Mar 14, 2024, 09:54 PM ISTPaytm has secured a third-party application provider license amidst regulatory challenges faced by its banking unit. This license enables Paytm to continue offering seamless transactions through India's unified payment interface (UPI), ensuring uninterrupted services for its users.
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NHAI wants Paytm FASTag users to switch to other banks before March 15: Here's why
Technology | Mar 13, 2024, 03:37 PM ISTIn compliance with the guidelines issued by the Reserve Bank of India (RBI) regarding restrictions on Paytm Payments Bank, Paytm FASTag users will not be able to recharge or top-up their balance after March 15th.
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Paytm Payments Bank removed from FASTag issuers list | Check full list of NHAI-authorized banks
Business | Mar 13, 2024, 11:33 AM ISTFASTag is an electronic toll collection system in India, operated by the NHAI. It employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it or directly toll owner.
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Paytm Payments Bank fined over Rs 5 crore for violating money laundering act
Business | Mar 01, 2024, 07:51 PM ISTA few days ago, Paytm founder and CEO Vijay Shekhar Sharma stepped down as Non-Executive Chairman and Board Member of Paytm Payments Bank Ltd (PPBL), as the Reserve Bank of India (RBI) ban on the bank's operations inches closer.
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Paytm takes strategic measures amid PPBL crisis: Discontinues inter-company agreements
Business | Mar 01, 2024, 10:00 AM ISTAmid regulatory pressure from the Reserve Bank of India (RBI), Paytm's parent company, One 97 Communications, has taken decisive steps to sever inter-company agreements with Paytm Payments Bank Limited (PPBL).
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Paytm shares settle marginally lower after hitting upper circuit limit in intra-day trade
Business | Feb 27, 2024, 06:05 PM ISTPaytm business news: Vijay Shekhar Sharma has stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited and the board of the bank has been reconstituted, a filing said on Monday, adding PPBL will commence the process of appointing a new chairman.
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Why did Vijay Shekhar Sharma resign as chairman of Paytm Payments Bank? | EXPLAINED
Explainers | Feb 27, 2024, 11:50 AM ISTVijay Shekhar Sharma, CEO of Paytm, resigned as non-executive chairman and board member of Paytm Payments Bank due to regulatory challenges, including RBI's directive to wind down operations by March 15. The RBI's concerns stemmed from compliance issues and perceived proximity to Paytm.
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RBI asks NPCI to help continue UPI operations of Paytm App
Business | Feb 23, 2024, 04:59 PM ISTLast month, the RBI barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top ups in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc., other than any interest, cashbacks, or refunds which may be credited anytime.
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Paytm Payments Bank Crisis: Here's how you can purchase, deactivate your FASTag
Business | Feb 19, 2024, 01:12 PM ISTAs per the recently released FAQs by the RBI, users will no longer be able to recharge their FASTags issued by PPBL after March 15.
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Can you continue to use Paytm FASTag for toll payments? Check RBI FAQs for customers
Business | Feb 19, 2024, 08:37 AM ISTFASTags issued by Paytm Payments Bank will no longer support top-up or recharge functionalities from March 15 onwards.
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Paytm signs new banking partner to continue ‘seamless’ transactions in bid to survive current crisis
Business | Feb 17, 2024, 06:15 AM ISTThe action against Paytm Payments Bank was triggered by what the RBI officials described as persistent non-compliance with regulations. Earlier this week, the ED began looking into details of overseas transactions on the platform.
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Paytm QR, soundbox and EDC to work post March 15, RBI issues FAQs on Paytm payments bank
Business | Feb 27, 2024, 05:50 PM ISTPaytm news: The Paytm Payments Bank Business Correspondent (Bank Agent) can help you to withdraw money from your bank account upto the balance available in your account.
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RBI gives 15-day relaxation to Paytm Payments Bank to stop deposits, credit transactions
Business | Feb 16, 2024, 06:05 PM ISTRBI has asked Paytm Payments Bank to facilitate seamless withdrawal of customer deposits parked with partner banks.
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Paytm Payments Bank excluded from list of 32 banks for buying Fastags
Business | Feb 16, 2024, 09:22 AM ISTThe Indian Highways Management Company has advised highway users to get fastags from a list of 32 authorised banks, which does not include Paytm Payments Bank.
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ED questions Paytm executives, collects documents on RBI restrictions
Business | Feb 15, 2024, 11:25 AM ISTThe ED is conducting a preliminary examination of the documents to decide whether to launch a formal investigation under the Foreign Exchange Management Act