Enforcement Directorate Finds No FEMA violation In Paytm Payments Bank Inquiry, Say Reports
The Enforcement Directorate has found no evidence of Foreign Exchange Management Act (FEMA) violations by Paytm Payments Bank Ltd (PPBL), as per reports. This comes amid media speculating about FEMA violations by the company in the past week.
Feb 19, 2024, 15:33 PM IST
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.
Feb 19, 2024, 12:06 PM IST
Is Paytm Fastag Account Interoperable? How To Deactivate A Paytm Fastag Account; Follow THESE Steps
The Reserve Bank of India (RBI) has clarified that Fastags are not interoperable. Moreover, Fastags issued by Paytm will be ineffective after 15 March, 2024.
Feb 19, 2024, 12:05 PM IST
'Regulatory Compliance Not Optional, Prioritize It:' Union Minister Rajeev Chandrasekhar On RBI's Action 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.
Feb 19, 2024, 11:28 AM IST
Will Your Salary Be Credited Into Your Account With Paytm Payments Bank After March 15? Check What RBI Says
After March 15, 2024, you will not be able to deposit money into your account with Paytm Payments Bank.
Feb 19, 2024, 09:43 AM IST
RBI Confirms Paytm QR, Soundbox, Card Machine Usage Post March 15; Parent OCL Shifts Nodal Account To Axis Bank
Paytm has been steadfast in reassuring both users and merchant partners that the Paytm app and its services will maintain their full functionality. After the Reserve Bank of India (RBI) issued a circular and released a set of FAQs providing clarity on the Paytm services, the company has reassured its merchants that the Paytm app, including its Made in India All-in-One QR code, Soundbox, and EDC (Card Machine), will continue to operate seamlessly as always even after March 15, 2024.
Feb 16, 2024, 20:58 PM IST
MNCs's Employee Loses Rs 80 Lakh To Man She Met On Matrimonial Site
Impressed by his persona, the woman considered marrying him. The man told her he quit his job and needed help paying off loans for his car and flat.
Feb 16, 2024, 20:35 PM IST
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.
Feb 16, 2024, 19:32 PM IST
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.
Feb 16, 2024, 18:33 PM IST
BIG Relief To People! RBI Gives 15-Day Relaxation To Paytm
The decision comes amidst the ongoing scrutiny faced by Paytm.
Feb 16, 2024, 17:45 PM IST
Big Update For Paytm FASTag Users! Paytm Not In List Of 32 Banks That Can Issue New 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.
Feb 16, 2024, 09:03 AM IST
Paytm Tentative Timeline To Restart Loan Sanctioning Ends Today, February 14
The central bank, on January 31, directed it to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments after February 29.
Feb 14, 2024, 13:30 PM IST
Why RBI Taken Action Against Paytm Payments Bank? Check What Governor Shaktikanta Das Says
Governor Das emphasized the RBI's reliance on bilateral engagement with regulated entities, focusing on nudging them towards corrective actions.
Feb 08, 2024, 14:22 PM IST
Government Confirms No Investigation Or Systemic Stability Concerns: Paytm
Financial Services Secretary Vivek Joshi on Wednesday said it is for the Reserve Bank to deal with the Paytm issue and the government has nothing to do with the matter for now.
Feb 08, 2024, 10:37 AM IST
Paytm Denies Being In Talks With Jio Financial Services To Sell Wallet Business
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.
Feb 06, 2024, 13:23 PM IST
Paytm Stocks Hit Lower Circuit For 3rd Consecutive Day; Investors Continue To Bleed
BSE and NSE have reduced the lower circuit filter to 10 percent from 20 percent.
Feb 05, 2024, 11:23 AM IST
No ED Investigation Either Against Company OR CEO, Says Paytm
The company said it has cooperated with the agencies during any investigations by the authorities on any set of merchants or users in the past.
Feb 05, 2024, 09:58 AM IST
Paytm Customers More Than Welcome To SBI, Says Chairman Khara
The RBI on January 31 directed Paytm Payments Bank to stop accepting deposits or top-ups in any customer accounts, wallets, Fastags and other instruments after February 29.
Feb 05, 2024, 09:47 AM IST
Explainer: Paytm Payments Bank Crisis And What It Means For Customers, Why Did It Come Under RBI Lens?
Paytm wallet customers can use money till the time their balance is exhausted, however they cannot add money after February 29 after the RBI decision.
Feb 05, 2024, 09:46 AM IST
