Paytm is in talks with Zomato Ltd. to sell its movie and events ticketing business, according to people familiar with the matter, as the beleaguered fintech company carves…
Read more Paytm likely in discussion with Zomato to sell movie ticketing businessJapan’s SoftBank Group is likely to exit one of its biggest bets in India, Paytm, this month registering investment losses in the range of $150-200 million, sources said.…
Read more SoftBank likely to exit Paytm this monthMumbai The Unified Payments Interface (UPI) saw both the number and value of transactions moderating by about 1 per cent on month from the record high seen in…
Read more UPI transactions moderate from March peak to ₹19.6-lakh crorePaytm app users will continue to use all services like mobile and DTH recharges except for Paytm Payments Bank’s offerings including wallet funds, FASTag and bank accounts, according…
Read more Paytm users to get all services as before except for PPBL’s wallet, FASTagWith less than a fortnight to go for Paytm Payments Bank to wind down its operations, highly placed sources in the banking circles say the bank could be…
Read more Administrator likely to be appointed at Paytm Payments Bank after March 15An advisory committee, set up by Paytm owner One97 Communications after the Reserve Bank’s action on its payments bank business, is at a stage of engagement with the…
Read more Paytm advisory panel discussing terms of reference with company: DamodaranIndia’s central bank extended the deadline for some of the business restrictions it’s imposing on Paytm’s Payments Bank to March 15 from February 29, giving the Indian financial…
Read more India’s central bank extends some Paytm Payments Bank restrictions deadline to March 15 | TechCrunchShares of One 97 Communication, or Paytm, fell 10 per cent on January 13 to a record low, after brokerage firm Macquarie downgraded the entity highlighting concerns regarding…
Read more Paytm hits record low after Macquarie downgrade on business viability concernsMacquarie dramatically cut its 12-month price target on One97 Communications, the parent company of digital payments firm Paytm, citing risks of customers leaving the platform in the wake…
Read more Macquarie cuts Paytm target on ‘serious risk of exodus of customers’ | TechCrunchWith less than a month left to migrate nodal accounts of One97 Communications Ltd and Paytm Payments Services Ltd from Paytm Payments Bank, a fresh layer of difficulty…
Read more Banks hesitant to house Paytm nodal accountsShares of Paytm plunged 10% on Monday, the third consecutive session of declines, touching an all-time low of 438.35 Indian rupees (or $5.28) after the RBI’s clampdown last…
Read more India’s Paytm is in flux | TechCrunchOne97 Communications, the parent company of Paytm, on Sunday clarified that there has been no investigation by the Enforcement Directorate on the company, its associates and/or its founder…
Read more No investigation by ED: PaytmDomestic investors including mutual funds and retail shareholders have significantly upped their shareholding in fintech major Paytm in the just ended third quarter this fiscal, latest shareholding data…
Read more Domestic Investors Raise Shareholding in Paytm in Q3Paytm is planning to invest over ₹100 crore to set up a global payment development centre at GIFT City in Gujarat, Vijay Shekhar Sharma, founder and CEO of…
Read more Paytm plans over ₹100 crore investment in GIFT CityIndian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans to issue fewer personal loans under 50,000 Indian rupees ($600)…
Read more India's Paytm curbing low-value personal loans spells bad news for the industry | TechCrunchOne97 Communications Limited (OCL), which owns Paytm, on Wednesday, said that it is consciously pruning its loan disbursals below ₹50,000. At the same time, this fintech major has…
Read more RBI directive impact: Paytm recalibrates loan distribution biz strategyE-commerce giant Amazon and global payments provider Fiserv have teamed up to offer reward points for Amazon web and mobile app shoppers last month. The program allows Amazon…
Read more Fiserv rewards points now on Amazon | Bank Automation NewsAbout 25 per cent of all new credit card issuances are happening on the RuPay network, according to Praveena Rai, COO, NPCI (National Payments Corporation of India). “Cards…
Read more 25% of new credit card issues happen on RuPay network: NPCI RaiOne97 Communications, which owns the Paytm brand, said that its loan disbursements grew 148 per cent in April 2023 at ₹4,115 crore (₹1,657 crore). However, the latest loan disbursal…
Read more Paytm’s loan disbursements grow by 148% in April; number of loans disbursed rises by 56% YoYThe Reserve Bank of India (RBI) has returned the applications of prominent online non-bank Payment Aggregators (PAs) such as Freecharge Payment Technologies, PayTM Payments Services, and PayU Payments…
Read more RBI returns PA applications of Paytm, Freecharge, PayU
