This move had raised concerns about the future of Paytm's digital payments business and had a significant impact on the company's stock value. In other news, the Reserve Bank of India (RBI ...
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By assuming part of the loan default risk, Paytm aims to give hesitant lending partners the confidence to extend more credit, especially to borrowers with limited credit histories. Also Read RBI ...
PPSL (Paytm Payments Services Ltd), for a Payment Aggregator license. RBI returned Paytm’s earlier filing in 2022, citing need for approval from the finance ministry. Paytm will now re-submit an ...
Paytm plans to capitalise on its growing merchant base to expand its financial services business, which contributes 23% of the company’s revenue and has a higher profit contribution margin.
In a major action against Paytm Payments Bank (PPBL), the RBI had on January 31 directed it to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments ...
Mumbai: Paytm Payments Bank, which has been placed under embargo by RBI, has announced its delinking from the Paytm app, with mobile banking services now exclusively available through the Paytm ...
Paytm’s shares are on course to erase losses suffered since the Indian central bank’s crackdown on its payment business earlier this year, after the firm received an approval to onboard new ...
This comes nearly nine months after the Reserve Bank of India (RBI) placed an embargo on addition of new customers. The latest NPCI approval is however subject to Paytm following all NPCI ...
Paytm has partnered with Axis Bank to launch a 'Last-minute' Diwali Sale on travel bookings, offering discounts up to 12% on domestic flights and 5% on international flights until October 31.
Paytm's monthly transacting users (MTU) fell to 70 million in the September quarter from 100 million in the quarter before the RBI clampdown. Since the approval comes amid the ongoing festive ...