Paytm
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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
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ED initiates probe into charges against Paytm Payments Bank, says report
Business | Feb 14, 2024, 02:05 PM ISTThe RBI had restricted Paytm Payments Bank from taking deposits, credits, or processing top-up transactions in customer accounts due to persistent non-compliances.
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Here's how you can deactivate or port your Paytm FASTag
Business | Feb 14, 2024, 11:05 AM ISTPaytm FASTag has encountered difficulties following recent regulatory constraints from the Reserve Bank of India affecting Paytm services.
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Paytm timeline to restart sanctioning of loans to end on February 14
Business | Feb 14, 2024, 07:51 AM ISTPaytm President and Chief Operating Officer Bhavesh Gupta indicated a temporary halt in issuing new loans to address operational challenges stemming from RBI restrictions on Paytm Payments Bank.
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Paytm plunges nearly 8 per cent to hit 52-week low; here's why
Business | Feb 13, 2024, 12:29 PM ISTOn the BSE, the stock fell by 7.50 per cent to reach Rs 390.90 per share, while on the NSE, it declined by 7.28 per cent to Rs 391.45 per share.
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RBI rules out review of action against Paytm Payments Bank, to issue FAQ this week
Business | Feb 12, 2024, 09:02 PM ISTReserve Bank of India Governor Shaktikanta Das said there was "hardly any room" to review the action taken against Paytm Payments Bank.
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Can you use Paytm wallet after February 29? All you need to know about it
Technology | Feb 12, 2024, 06:09 PM ISTVijay Shekhar Sharma, the CEO of Paytm has reassured the users that the application will continue to function normally after the regulatory changes. Additionally, discussions with regulatory bodies are underway to ensure compliance and adherence to guidelines for UPI services.
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Govt examining foreign direct investment flow from China in Paytm Payments Services: Sources
Business | Feb 11, 2024, 07:14 PM ISTIn November 2020, PPSL had applied for a licence with the Reserve Bank of India (RBI) to operate as a payment aggregator under the guidelines on Regulation of Payment Aggregators and Payment Gateways.
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Paytm Payments Bank's independent director Manju Agarwal resigns from board following RBI curbs
Business | Feb 09, 2024, 09:59 AM ISTThis comes amid the RBI's order, which directed the bank to cease accepting deposits or top-ups in various customer accounts and instruments after February 29.
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Paytm Payments Bank's independent director Manju Agarwal resigns from board following RBI order
Business | Feb 08, 2024, 10:54 PM ISTThe RBI on January 31 directed the Paytm Payments Bank to stop accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.
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Action against Paytm for "persisted non-compliance", adequate time was given: RBI
Business | Feb 08, 2024, 01:12 PM ISTRBI has put curbs on Paytm Payments Bank for accepting new deposits, credit transactions, or top-ups in customer accounts, prepaid instruments, wallets, FASTags, and more from February 29 onwards.
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RBI will deal with Paytm issue, government has nothing to do with it: Financial Services Secretary
Business | Feb 08, 2024, 07:52 AM ISTJoshi said that the reserve bank must have taken the action in the overall interest of the consumer and the economy.
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Paytm surges 10 per cent after CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman
Business | Feb 07, 2024, 10:32 AM ISTShares of One97 Communications opened at Rs 461.30, surpassing the previous day's closing price of Rs 451.60.
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Paytm competitors see spike in app downloads following regulatory action | Details
Technology | Feb 07, 2024, 09:36 AM ISTSince the Reserve Bank of India's directive, reportedly, there has been a surge in downloads of competitor apps, such as PhonePe and BHIM, while Paytm's downloads have declined.
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Paytm CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman amid regulatory concerns
Business | Feb 07, 2024, 07:38 AM ISTThe Reserve Bank of India issued a directive on January 31, which mandated an immediate halt to the onboarding of new customers by Paytm Payments Bank and called for a cessation of its key banking services post-February 29.
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Paytm surges nearly 8 per cent, recovers from 42 per cent loss in three sessions after RBI curbs
Business | Feb 06, 2024, 12:08 PM ISTThe stock plummeted by over 42 per cent over the past three days, resulting in a loss of Rs 20,471.25 crore in market valuation.
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UPI will continue to operate as normal, working with other banks for continuity of service: Paytm
Business | Feb 06, 2024, 07:01 AM ISTPaytm is actively collaborating with other banks to implement necessary changes in the backend for the continuity of its services.
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Paytm terms reports of ED probe, foreign exchange rule violation as ‘misleading and baseless’ | READ
Business | Feb 05, 2024, 11:16 PM ISTThe development comes amid speculations over the company’s operations following Reserve Bank of India’s action against its associate Paytm Payments Bank. The Payments bank was asked to stop key operations from March 1 due to non-compliance.
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Explained: How RBI restrictions on Paytm Payments Bank will impact customers
Business | Feb 05, 2024, 10:44 AM ISTThe central bank's directive restricts Paytm Payments Bank from accepting deposits or top-ups after February 29.