Tag:Paytm Payments Bank

News

Paytm’s UPI Market Share Drops for Fourth Consecutive Month to 8% in May

Paytm's share of India's Unified Payments Interface (UPI) market has fallen for the fourth consecutive month, reflecting the company's ongoing struggles following a significant...
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RBI Might Revoke Paytm Payments Bank License; Administrator Likely to be Appointed

With less than two weeks remaining for Paytm Payments Bank Limited (PPBL) to halt its operations, the Reserve Bank of India (RBI) is contemplating...
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Paytm Payments Bank Fined Rs 5.49 Cr for PMLA Violations; RBI Orders Halt on Transactions

The Financial Intelligence Unit-India (FIU-IND) has levied a penalty of Rs 5.49 crore on Paytm Payments Bank Ltd (PPBL) for breaching its obligations under...
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Appointment

Paytm Payments Bank Announces Reconstitution of Board Amidst Regulatory Focus

Paytm Payments Bank (PPBL) has announced the reconstitution of its board with a focus on enhancing governance and compliance amidst ongoing regulatory considerations. This...
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Vijay Shekhar Sharma Resigns from Paytm Payments Bank Amid Regulatory Hurdles

Vijay Shekhar Sharma, the founder of Paytm, has announced his resignation as the non-executive chairman and board member of Paytm Payments Bank Ltd (PPBL)....
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RBI Directs NPCI to Assess Paytm’s UPI Service Continuation Under TPAP Route Amid Compliance Concerns

The Reserve Bank of India (RBI) has directed the National Payments Corporation of India (NPCI) to carefully assess One97 Communication Limited's application for approval...
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RBI Governor Asserts No Room for Review, Stands Firm on Paytm Payments Bank Decision

In a recent statement, Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized the central bank's unwavering stance regarding its decision against Paytm Payments...
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Paytm Payments Bank Assures Customers of Fund Safety Amidst RBI Restrictions

In the wake of the Reserve Bank of India's (RBI) recent directives restricting Paytm Payments Bank from accepting new deposits or facilitating credit transactions...
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Appointments

IAS Diwakar Nath Misra Appointed Government Nominee Director on NTPC Board

NTPC Limited has announced the appointment of IAS Diwakar Nath Misra as Government Nominee Director on its Board. Misra...
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Appointment

Fractal Appoints Shilpa Kedia as Chief Financial Officer

Fractal has appointed Shilpa Kedia as its Chief Financial Officer (CFO), adding a new leader to its senior management...
Appoitment

Jalgaon Janata Sahakari Bank Appoints Rakesh Patil as Chief Information Security Officer

Rakesh Patil has announced his appointment as Chief Information Security Officer (CISO) at Jalgaon Janata Sahakari Bank. In this...