Banking
Paytm likely in discussion with Zomato to sell movie ticketing business
[ad_1] Paytm is in talks with Zomato Ltd. to sell its movie and events ticketing business, according to people familiar with the matter, as…
Tag: Paytm
Banking
SoftBank likely to exit Paytm this month
[ad_1] Japan’s SoftBank Group is likely to exit one of its biggest bets in India, Paytm, this month registering investment losses in the range…
Banking
UPI transactions moderate from March peak to ₹19.6-lakh crore
[ad_1] Mumbai The Unified Payments Interface (UPI) saw both the number and value of transactions moderating by about 1 per cent on month from…
Banking
Paytm users to get all services as before except for PPBL’s wallet, FASTag
[ad_1] Paytm app users will continue to use all services like mobile and DTH recharges except for Paytm Payments Bank’s offerings including wallet funds,…
Banking
Administrator likely to be appointed at Paytm Payments Bank after March 15
[ad_1] With less than a fortnight to go for Paytm Payments Bank to wind down its operations, highly placed sources in the banking circles…
Banking
Paytm advisory panel discussing terms of reference with company: Damodaran
[ad_1] An advisory committee, set up by Paytm owner One97 Communications after the Reserve Bank’s action on its payments bank business, is at a…
Technology
India’s central bank extends some Paytm Payments Bank restrictions deadline to March 15 | TechCrunch
[ad_1] India’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…
Banking
Paytm hits record low after Macquarie downgrade on business viability concerns
[ad_1] Shares of One 97 Communication, or Paytm, fell 10 per cent on January 13 to a record low, after brokerage firm Macquarie downgraded…
Technology
Macquarie cuts Paytm target on ‘serious risk of exodus of customers’ | TechCrunch
[ad_1] Macquarie dramatically cut its 12-month price target on One97 Communications, the parent company of digital payments firm Paytm, citing risks of customers leaving…
Banking
Banks hesitant to house Paytm nodal accounts
[ad_1] With less than a month left to migrate nodal accounts of One97 Communications Ltd and Paytm Payments Services Ltd from Paytm Payments Bank,…
Technology
India’s Paytm is in flux | TechCrunch
[ad_1] Shares 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)…
Banking
No investigation by ED: Paytm
[ad_1] One97 Communications, the parent company of Paytm, on Sunday clarified that there has been no investigation by the Enforcement Directorate on the company,…
Banking
Domestic Investors Raise Shareholding in Paytm in Q3
[ad_1] Domestic investors including mutual funds and retail shareholders have significantly upped their shareholding in fintech major Paytm in the just ended third quarter…
Banking
Paytm plans over ₹100 crore investment in GIFT City
[ad_1] Paytm is planning to invest over ₹100 crore to set up a global payment development centre at GIFT City in Gujarat, Vijay Shekhar…
Technology
India's Paytm curbing low-value personal loans spells bad news for the industry | TechCrunch
[ad_1] Indian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans to issue fewer personal loans…
Banking
RBI directive impact: Paytm recalibrates loan distribution biz strategy
[ad_1] One97 Communications Limited (OCL), which owns Paytm, on Wednesday, said that it is consciously pruning its loan disbursals below ₹50,000. At the same…
Banking
Fiserv rewards points now on Amazon | Bank Automation News
[ad_1] E-commerce giant Amazon and global payments provider Fiserv have teamed up to offer reward points for Amazon web and mobile app shoppers last…
Banking
25% of new credit card issues happen on RuPay network: NPCI Rai
[ad_1] About 25 per cent of all new credit card issuances are happening on the RuPay network, according to Praveena Rai, COO, NPCI (National…
Banking
Paytm’s loan disbursements grow by 148% in April; number of loans disbursed rises by 56% YoY
[ad_1] One97 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).…
Banking
RBI returns PA applications of Paytm, Freecharge, PayU
[ad_1] The Reserve Bank of India (RBI) has returned the applications of prominent online non-bank Payment Aggregators (PAs) such as Freecharge Payment Technologies, PayTM…