Yes Bank MD and CEO Prashant Kumar reportedly said the bank is open to acquiring Paytm Payments Bank’s merchants as it would open up a significant opportunity However, this would require Yes Bank to ...
The Reserve Bank of India (RBI) widened its curbs on Paytm’s Payments Bank, which processes transactions for financial services giant Paytm, barring it from offering many banking services, including ...
NEW DELHI, Feb 3 (Reuters) - India's central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification and has passed the information on to the ...
Paytm said that the new arrangement has been executed by opening an escrow account with Axis Bank to ensure merchant settlements The move is expected to replace the nodal account that OCL (parent ...
The share price of Paytm‘s parent company plummeted by 20% on Thursday following the Reserve Bank of India’s (RBI) decision to impose significant operational restrictions on the company’s payment bank ...
Paytm’s stock fell for a third straight day as India’s central bank considers scrapping the license of Paytm Payments Bank Ltd., adding to the mounting troubles at the once-celebrated fintech startup.
MUMBAI, Feb 16 (Reuters) - India's Paytm Payments Bank has been given more time by the central bank to wind down its operations, while its parent company has signed on a new banking partner to try to ...
Paytm, the operating name of One 97 Communications Limited (PAYTM.NS), shares cratered today as the Reserve Bank of India (RBI) decided to halt deposits in its digital wallet and accounts. Paytm ...
NEW DELHI, Feb 3 (Reuters) - India's central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification and has passed the information on to the ...