• 

  ED questions Paytm executives, collects documents on RBI restrictions  

  Business | February 15, 2024 11:25 IST

  The ED is conducting a preliminary examination of the documents to decide whether to launch a formal investigation under the Foreign Exchange Management Act

• 

  ED initiates probe into charges against Paytm Payments Bank, says report

  Business | February 14, 2024 14:05 IST

  The RBI had restricted Paytm Payments Bank from taking deposits, credits, or processing top-up transactions in customer accounts due to persistent non-compliances.

• 

  Here's how you can deactivate or port your Paytm FASTag

  Business | February 14, 2024 11:05 IST

  Paytm FASTag has encountered difficulties following recent regulatory constraints from the Reserve Bank of India affecting Paytm services.

• 

  Paytm timeline to restart sanctioning of loans to end on February 14

  Business | February 14, 2024 7:51 IST

  Paytm 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.

• 

  Paytm plunges nearly 8 per cent to hit 52-week low; here's why

  Business | February 13, 2024 12:29 IST

  On 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.

• 

  RBI rules out review of action against Paytm Payments Bank, to issue FAQ this week

  Business | February 12, 2024 21:02 IST

  Reserve Bank of India Governor Shaktikanta Das said there was "hardly any room" to review the action taken against Paytm Payments Bank.

• 

  Can you use Paytm wallet after February 29? All you need to know about it

  Technology | February 12, 2024 18:09 IST

  Vijay 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.

• 

  Govt examining foreign direct investment flow from China in Paytm Payments Services: Sources

  Business | February 11, 2024 19:14 IST

  In 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.

• 

  Paytm Payments Bank's independent director Manju Agarwal resigns from board following RBI curbs

  Business | February 09, 2024 9:59 IST

  This 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.

• 

  Paytm Payments Bank's independent director Manju Agarwal resigns from board following RBI order

  Business | February 08, 2024 22:54 IST

  The 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.

• 

  Action against Paytm for "persisted non-compliance", adequate time was given: RBI

  Business | February 08, 2024 13:12 IST

  RBI 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.

Advertisement
• 

  RBI will deal with Paytm issue, government has nothing to do with it: Financial Services Secretary

  Business | February 08, 2024 7:52 IST

  Joshi said that the reserve bank must have taken the action in the overall interest of the consumer and the economy.

• 

  Paytm surges 10 per cent after CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman  

  Business | February 07, 2024 10:32 IST

  Shares of One97 Communications opened at Rs 461.30, surpassing the previous day's closing price of Rs 451.60.

• 

  Paytm competitors see spike in app downloads following regulatory action | Details

  Technology | February 07, 2024 9:36 IST

  Since 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.

• 

  Paytm CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman amid regulatory concerns

  Business | February 07, 2024 7:38 IST

  The 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.

• 

  Paytm surges nearly 8 per cent, recovers from 42 per cent loss in three sessions after RBI curbs

  Business | February 06, 2024 12:08 IST

  The 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.

• 

  UPI will continue to operate as normal, working with other banks for continuity of service: Paytm

  Business | February 06, 2024 7:01 IST

  Paytm is actively collaborating with other banks to implement necessary changes in the backend for the continuity of its services.

• 

  Paytm terms reports of ED probe, foreign exchange rule violation as ‘misleading and baseless’ | READ

  Business | February 05, 2024 23:16 IST

  The 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.

• 

  Explained: How RBI restrictions on Paytm Payments Bank will impact customers

  Business | February 05, 2024 10:44 IST

  The central bank's directive restricts Paytm Payments Bank from accepting deposits or top-ups after February 29.

• 

  Company, CEO Vijay Shekhar Sharma not being investigated by ED for money laundering: Paytm

  Budget | February 05, 2024 7:16 IST

  The RBI had raised concerns about the creation of several accounts at Paytm Payments Bank without proper identification, suspecting potential money laundering activities.