Explore the implications of the RBI’s action against Paytm, raising questions about the future of digital payments in India. Could this spell the end of an era? RBI Puts Brakes on Paytm Payments Bank Operations In a recent development, the Reserve Bank of India (RBI) has made a significant move by imposing restrictions on Paytm … Read more
Discover the dramatic steps taken by Paytm to tackle regulatory challenges head-on! Dive into the details of their newly formed advisory panel, led by industry stalwart N. Damodaran. Can Paytm overcome the odds and emerge stronger than ever? Find out now! Formation of Advisory Panel The team at One97 Communications Ltd, the company behind the … Read more
Discover the latest surge in Paytm’s stock price as CEO Vijay Shekhar Sharma engages in discussions with regulatory bodies. Explore the market response, insights from meetings with the Finance Ministry, and analysts’ cautious advice amidst regulatory challenges. CEO Vijay Shekhar Sharma’s Meetings with RBI and Finance Minister Today, Paytm’s journey on the stock market took … Read more
Discover how Paytm’s CEO, Vijay Shekhar Sharma, is tackling the fallout from RBI restrictions with strategic talks and clarity amidst market speculation. Explore Paytm’s journey through regulatory hurdles and its proactive stance in resolving challenges. Crisis Meeting: Paytm CEO Meets Finance Minister Paytm’s CEO, Vijay Shekhar Sharma, had a sit-down with Union Finance Minister Nirmala … Read more
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
Discover how Paytm share price rebounded amidst regulatory hurdles, speculation of money laundering probes, and founder reassurances, reflecting the fintech giant’s resilience and strategic moves. Paytm share price Rebounds The rollercoaster ride of Paytm share price took a positive turn on February 6, bouncing back from a dramatic 42% drop over the past three trading … Read more
Mukesh Ambani led Jio Financial Services share price touched its all-time high at 295.7 on Monday and closed at 13.91% higher at 289.05. For more such information and possible Paytm acquisition read the report. Big Rally for Jio Financial Services Jio Financial Services (JFS) witnessed an impressive surge of over 13% in Monday’s trade, reaching … 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