Dive into the tumultuous journey of Paytm as it grapples with regulatory hurdles, including recent restrictions imposed by the RBI. Explore the implications of Paytm’s banking and wallet services, alongside the significant impact on its market performance. Plus, get the scoop on debunked acquisition rumors involving Jio Financial Services. Regulatory Roadblocks: Paytm’s Talks with RBI … Read more
The Indian Edtech Giant BYJU’S which has been struggling nowadays with liquidity and a growing negative public image was recently in the news for a possible delayed salary payment for January. However, the company’s founder came forward by issuing an official letter of crediting the salaries into its employees’ accounts. Read more for complete information … Read more
The poster boy of Indian startup Paytm was last week issued a directive by the RBI to stop accepting further deposits and also prohibits the bank from engaging in other services of the platform such as credit transactions, conducting top-ups on customer accounts, or facilitating payments for road tolls through prepaid instruments, wallets, or cards … Read more