Following the RBI's cancellation of Paytm Payments Bank's license, Paytm shares fell 8%. Bernstein believes this won't impact ...
RBI cancels Paytm Payments Bank's licence, citing detrimental management practices and non-compliance with banking regulations.
As of 10 AM, Paytm shares were quoting 5.4 per cent southward at ₹1,085, with 7.4 million equities changing hands on the NSE.
Following the exit of Paytm Payments Bank, India will have five such banks. These are Airtel Payments Bank, India Post Payments Bank, Fino Payments Bank, Jio Payments Bank, and NSDL Payments Bank.
The RBI cancelled Paytm Payments Bank's license for non-compliance, stating it harmed depositors' interests. The central bank assured users their funds are safe and the Paytm app will continue normal ...
RBI's revocation of Paytm Payments Bank licence raises questions on governance lapses and what it means for One97 ...
Paytm Payments Bank’s shutdown exposes deeper flaws in India’s payments bank model, caught between soaring UPI volumes, zero ...
Paytm’s shift to a multi-bank model shields its core business from PPBL impact, with analysts highlighting steady growth, ...
Paytm Payments Bank's Licence Cancelled By RBI ...
Paytm License Cancelled: Will the cancellation of the banking license mean the end of your Paytm services? The company has clarified that services such as UPI, Soundbox, and Gold will remain fully ...
Paytm said Thursday that it will cease work with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from ...
Post the regulator's action in 2024, Paytm transitioned to a multi-bank model for its UPI services, partnering with leading ...