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Paytm Payments Bank News

Paytm Payments Bank

21 Jun 2024

THESE Paytm Wallets To Be Closed From 20 July 2024 --Check Important Notice

In a notice on its website, Paytm Payments Bank has announced the dates for Closure of inactive Paytm Payments Bank wallets with nil balance.

09 Apr 2024

Paytm Payments Bank MD And CEO Surinder Chawla Quits

Following regulatory actions, promoter Vijay Shekhar Sharma last month stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited, and the board of the bank has been reconstituted.

Paytm Payments Bank

15 Mar 2024

Paytm Payments Bank Ban: Key Changes That Will Come Into Effect Post March 15

On Friday, the National Payments Corporation of India (NPCI) granted approval to One97 Communications Limited (OCL), the parent company of Paytm, to participate in unified payments interface (UPI) as a third-party application provider (TPAP) under multi-bank model.

Paytm Payments Bank

12 Mar 2024

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

Users can still access, utilize, and transfer money from their accounts even after the deadline.

01 Mar 2024

Paytm Payments Bank Fined Rs 5.49 Crore For Money Laundering

The FIU issued its order imposing the penalty on February 15.

01 Mar 2024

India's Paytm Discontinues Inter-Company Agreements With Its Payments Bank

Vijay Shekhar Sharma owns a 51% stake in Paytm Payments Bank. The rest stake is owned by Paytm. RBI has asked Paytm Payments Bank to halt operations by March 15, 2024.

Paytm Payments Bank

27 Feb 2024

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

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.

Paytm Payments Bank

27 Feb 2024

Know All About Paytm Payments Bank's New Board of Directors

Vijay Shekhar Sharma has stepped down as Part-Time non-executive Chairman and Board member of Paytm Payments Bank Limited (PPBL).

Paytm Payments Bank

24 Feb 2024

RBI Directed NPCI To Assist Paytm UPI Operations

Starting March 15, 2024, Paytm Payments Bank will not be allowed to accept any further credits into its customer accounts and wallets, as per the directive from the RBI.

23 Feb 2024

Are You UPI Customer Using @Paytm Handle? RBI Takes Further Action, Check

The RBI has clarified that the migration of UPI handles is applicable only to such customers and merchants who have a UPI handle ‘@Paytm’. For others who have a UPI address or handle other than ‘@Paytm’, no action is required to be taken by them.

19 Feb 2024

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

Extending its gains in the second consecutive session, the stock of the company climbed 5 percent each to Rs 358.55 and Rs 358.35 apiece -- also its upper circuit limit -- on the BSE and NSE, respectively.

Paytm Payments Bank

19 Feb 2024

'Regulatory Compliance Not Optional:' Rajeev Chandrasekhar On Paytm

Speaking in an interview with PTI, Chandrasekhar highlighted the case of Paytm Payments Bank as a reminder that compliance with regulations is non-negotiable.

Paytm Payments Bank

19 Feb 2024

Will Your Salary Be Credited Into Your A/c With Paytm Bank After March 15?

After March 15, 2024, you will not be able to deposit money into your account with Paytm Payments Bank.

Paytm Payments Bank

17 Feb 2024

Paytm Partners With Axis Bank For Merchant Payments Settlement; Read Details

In an exchange filing, OCL revealed that the transition to Axis Bank aims to ensure continuity and seamless settlements for merchants.

Paytm Payments Bank

16 Feb 2024

Is Paytm FASTag Closed Or Still Working? Check RBI's Directive

Following the Reserve Bank of India's directive on January 31, PPBL was instructed to cease accepting deposits or top-ups in customer accounts.

Paytm Payments Bank

16 Feb 2024

RBI Gives 15-Day Relaxation To Paytm: Check What You Can Do And What Can't

Users with savings or current accounts with Paytm Payments Bank can continue to withdraw money and use their debit cards until March 15, 2024.

Paytm Payments Bank

16 Feb 2024

BIG Relief To People! RBI Gives 15-Day Relaxation To Paytm

The decision comes amidst the ongoing scrutiny faced by Paytm.

16 Feb 2024

Big Update For Paytm FASTag Users! Paytm Not In List Of 32 Banks For FASTags

The Reserve Bank of India had few days ago issued a crucial directive to Paytm Payments Bank (PPBL) ordering the lender to cease taking deposits or top-ups in any user accounts, wallets, FASTTags, and other instruments after February 29.

06 Feb 2024

Paytm Denies Being In Talks With Jio Financial Services To Sell Wallet Busines

Paytm shares are up 5.5 per cent at Rs 462.70 on the Bombay Stock Exchange on Monday. Paytm shares had fallen in the last few sessions after RBI restrictions.

05 Feb 2024

Paytm Stocks Hit Lower Circuit For 3rd Consecutive Day; Investors Bleed

BSE and NSE have reduced the lower circuit filter to 10 percent from 20 percent.

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