Tag:Paytm Payments Bank

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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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Transfer/Appointment

Lt. Gen Syed Ata Hasnain (Retd.) Appointed Governor of Bihar

Lt. Gen Syed Ata Hasnain (Retd.) has been appointed as the Governor of Bihar, marking the transition of the...
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Appoitment

Sanjay Agarwal Reappointed as MD & CEO of AU Small Finance Bank

AU Small Finance Bank has reappointed Sanjay Agarwal as its Managing Director & Chief Executive Officer, reaffirming leadership continuity...
Transfer/Appointment

Odisha IAS Reshuffle: Key Changes Across MSME, Industry and Governance Sectors

The Government of Odisha has issued a fresh round of administrative adjustments among senior IAS officers, as per a...