Beleaguered Paytm Payments Bank’s managing director and CEO Surinder Chawla has resigned from the company, a…
Tag: Paytm Payments Bank
Paytm Gets Third-Party UPI App License as Banking Unit Halts Operation
Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a…
Paytm Payments Bank Said to Cut About 20 Percent of Staff Ahead of Halt
Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its…
Paytm Payments Bank Hit With Penalty of Over Rs. 5 Crore by FIU
India’s Financial Intelligence Unit (FIU) on Friday imposed a penalty of Rs. 5,49,00,000 ($662,565) on Paytm’s…
Paytm Terminates Some Ties With Troubled Payments Bank Unit
Payments firm Paytm on Friday cut some ties with its payments bank unit, which India’s banking…
RBI Moves to Keep UPI Transactions Working on Paytm
The Reserve Bank of India said on Friday it has asked the National Payments Corporation of…
Paytm Crackdown Signals More RBI Scrutiny on India Banks
For Indian regulators seeking to crack down on potential fraud in the financial sector, Paytm may…
ED Said to Have Not Yet Found Forex Breaches at Paytm Payments Bank
An investigation into possible foreign exchange violations at Paytm Payments bank by India’s financial crime fighting…
EPFO to Halt Claims Made via Paytm Payments Bank Following RBI Action
India’s state-run social security fund will halt claims made via Paytm Payments Bank accounts from Feb.…
Paytm CEO Said to Be in Talks With RBI Over Regulatory Concerns
Paytm Chief Executive Vijay Shekhar Sharma met the Indian central bank on Monday to discuss plans…