Paytm Payments Bank MD And CEO Surinder Chawla Quits | Companies News

[ad_1] New Delhi: Beleaguered Paytm Payments Bank’s managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla’s resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. “Surinder Chawla, Managing Director and CEO of PPBL, has tendered his resignation on April 8, 2024, … Read more

Paytm Payments Bank Ban: Check 9 Key Changes That Will Come Into Effect Post March 15 | Companies News

[ad_1] New Delhi: As the Reserve Bank of India’s (RBI) deadline to ban Paytm Payments Bank Limited (PPBL) ends on Friday, here are key changes for millions of Paytm users and merchants that will come into force. 1. First of all, those having a savings bank or current account with Paytm Payments Bank will … Read more

Paytm Deadline: Check Out The Services You Can Continue Using After March 15 | Companies News

[ad_1] New Delhi: Paytm Payments Bank Ltd has been barred by The Reserve Bank of India(RBI) from accepting fresh deposits or top-ups after 15 March 2024. This decision comes after the RBI cited persistent non-compliance and continued material supervisory concerns. Earlier, the deadline was on 29th february but it got extended by 15 days to … Read more

Fearing Job Loss, Paytm Payments Bank Employee Commits Suicide: Police

[ad_1] Indore police has said as per the preliminary investigation, Paytm staffer Gaurav Gupta was under stress for the last few days fearing that the company might close down and he might lose his job. What are the characteristics and temperament of large Japanese dog breeds?

RBI Directed NPCI To Assist Paytm UPI Operations | Companies News

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Are You UPI Customer Using @Paytm Handle? RBI Takes Further Actions On Paytm Payments Bank –Check Important Details | Personal Finance News

[ad_1] New Delhi: The Reserve Bank of India on Friday said since the Paytm Payments Bank cannot accept further credits into its customer accounts and wallets after March 15, 2024, certain additional steps have become necessary to ensure seamless digital payments by UPI customers using ‘@paytm’ handle operated by the Paytm Payments Bank, and minimise … Read more

Paytm Shares Jump 5%; Hit Upper Circuit On Axis Bank Partnership | Markets News

[ad_1] New Delhi: Shares of One97 communications — owner of the brand Paytm — jumped 5 percent in the morning trade on Monday after the crisis-hit fintech company’s decision to collaborate with Axis Bank for the continuation of merchant settlements. Extending its gains in the second consecutive session, the stock of the company climbed … Read more

‘Regulatory Compliance Not Optional, Prioritize It:’ Union Minister Rajeev Chandrasekhar On RBI’s Action On Paytm | Companies News

[ad_1] New Delhi: In light of recent regulatory actions against Paytm Payments Bank by the Reserve Bank of India (RBI), Union Minister Rajeev Chandrasekhar has emphasized the importance of strict adherence to laws for fintech firms. The minister, who serves as the Minister of State for Electronics and Information Technology, stressed that regulatory compliance should never … Read more