Paytm News

Paytm denies 50% layoff reports post RBI's Payments Bank action

Paytm has stated that it is presently conducting its annual appraisal process, a standard practice across organizations, which does not signify any layoffs....
State Bank of India reportedly teams up with Paytm for its UPI operations

The Reserve Bank of India (RBI) imposed operational constraints on the payments bank, prohibiting its continued operation beyond March 15. ...
RBI Governor: 85% of Paytm wallet users spared disruption; Others urged to link Wallet to Alternate Banks

Paytm Payments Bank was prohibited by the Reserve Bank of India on January 31 from taking deposits, credit transactions, or top-ups in any of its client accounts....
Paytm CEO Vijay Shekhar Sharma's initial response to RBI move: 'Valuable lessons acquired...'

Not withstanding the obstacles, Vijay expressed gratitude for the work regulators are doing to foster a supportive atmosphere for entrepreneurs....
Paytm Payments Bank fined Rs 5.49 crore for violating money laundering rules

The decision follows ongoing scrutiny of PPBL by the Reserve Bank of India (RBI) due to persistent non-compliance and significant supervisory concerns....

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