Tue, Jul 16, 2024
The warning pertains to the excess related party transactions (RPTs) entered into by Paytm and/or its subsidiaries with Paytm Payments Bank Limited (PPBL) during FY 2021-22, which were allegedly conducted without the due approval of either the audit committee or shareholders.
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Thu, Apr 25, 2024
The central bank has barred Kotak Mahindra Bank from taking new customers online and the RBI had imposed restrictions on Paytm Payments Bank
Thu, Mar 14, 2024
NPCI is on the verge of granting Paytm a third-party application provider license by March 15, while the RBI remains resolute on its deadline for Paytm Payments Bank to halt operations. This decision follows persistent non-compliances and regulatory concerns within Paytm Payments Bank, prompting the RBI to impose various restrictions.
Tue, Feb 27, 2024
Vijay Shekhar Sharma steps down from Paytm Payments Bank's chairman role as RBI imposes deposit and credit transaction bans after compliance issues. Board restructuring aims to address regulatory concerns.
Tue, Sep 05, 2023
The company recently launched a series of new Soundbox devices -- Paytm Music Soundbox, Paytm Pocket Soundbox, followed by yet another launch of Paytm Card Soundbox as of August.
Thu, Mar 09, 2023
A maximum of Rs 2,000 can be added twice in a day to UPI LITE, making the cumulative daily usage up to Rs 4,000. Further, payments made using UPI LITE de-clutters the passbook of PPB users. These small-value transactions would now show in the Paytm balance and history section.
Tue, Feb 07, 2023
Paytm Bank users need to link their RuPay credit card to their UPI ID to avail the service.
Fri, Jan 20, 2023
Davos Diary 2023: Paytm founder and CEO said that the Unified Payment’s Interface (UPI) system will be further upgraded
Tue, Aug 28, 2018
Berkshire-Paytm deal: Sharma termed it as the most incredible part of this investment deal. On being asked about why did Berkshire choose Paytm, he told the business channel that he cannot comment on how Berkshire chose his company as he was familiar with Berkshire's selection criteria.
Tue, Apr 24, 2018
Paytm said it set up offline centres and a team of agents who collected documents from customers for the KYC process. The bank stated that every KYC customer has opened a Wallet Account with Paytm Payments Bank. Also, the 100 million milestone includes both complete (or full) and minimum KYC customers.
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