Paytm Payments Bank
Speciality Retail
Zomato to acquire Paytm’s entertainment ticketing business for Rs 2,048 cr
PTI -
Zomato will spin off the new business into a new app called 'District'New Delhi: Online food delivery platform Zomato will acquire Paytm's entertainment ticketing business for Rs 2,048 crore to strengthen its "going-out" segment in a deal that will...
Latest News
Paytm, Paytm Payments Bank to discontinue inter-company pacts to reduce dependencies
PTI -
The move assumes significance as Paytm Payments Bank Limited (PPBL) is under the RBI's lens over persistent non-compliance and continued material supervisory concernsNew Delhi:Â Amid RBI's action on its associate firm, One 97 Communications on Friday said the board has...
Payments
Amid Paytm Payments crisis, Google Pay announces expansion of Soundpods
PTI -
The development comes at a time when RBI has ordered Paytm Payments Bank Limited (PPBL) to stop accepting any money after March 15 for transactions.New Delhi: Fintech firm Google Pay Thursday announced the expansion of sound pods for merchants...
Payments
RBI asks Visa, Mastercard to stop card-based commercial payments
PTI -
The development comes on the heels of the RBI initiating regulatory actions against Paytm Payments BankNew Delhi: The Reserve Bank has asked international payments major Visa and Mastercard to stop card-based commercial payments made by small and large businesses...
fintech
Paytm Payments Bank’s independent director resigns from board
PTI -
The RBI on January 31 directed the Paytm Payments Bank to stop accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29New Delhi: Paytm Payments Bank independent director Manju Agarwal is learnt to have...
fintech
RBI orders Paytm Payments Bank to halt most services after Feb 29, Paytm anticipates Rs 300-500 Crore Impact
PTI -
The company expects this action to have a worst-case impact of Rs 300-500 crore on its annual EBITDA going forwardNew Delhi: In a major action against Paytm Payments Bank (PPBL), the Reserve Bank on Wednesday directed the lender to...
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Paytm clocks 40% GMV growth to Rs 3.62 lakh crore in March 2023 quarter
PTI -
The company had recorded a total GMV of Rs 2.59 lakh crore a year ago in the same quarterNew Delhi: Digital financial services firm One97 Communications, which operates under the Paytm brand, has recorded 40 per cent growth in...
Retail
Paytm unveils payments bank, targets 500 mn customers by 2020
IANS -
Fintech company Paytm on Tuesday unveiled its payments bank becoming the first one to offer cashback on deposits. It aims to become the preferred bank for 500 million Indians by 2020.
Customers will also be offered zero charge on all...
Retail
Paytm Payments Bank to launch on May 23
IANS -
Fintech company Paytm on Wednesday said it will finally launch the operations of its payments bank on May 23.
"We are in the process of launching Paytm Payments Bank on May 23. We recently received approval from the Reserve Bank...
Retail
Alibaba, SAIF Partners to invest US $200 in Paytm's online marketplace unit
Chinese e-commerce major Alibaba Group Holding Ltd, along with investment firm SAIF Partners, are set to invest US $200 million in Paytm’s online marketplace unit.
Alibaba Singapore E-Commerce Pvt. Ltd will invest US $177 million in Paytm E-Commerce Pvt. Ltd—a...
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Patanjali Ayurved’s FY24 revenue up 23% to Rs 9,335.3 cr, helped by Patanjali Foods OFS
In FY24 Patanjali Ayurved’s other income was at Rs 2,875.29 crore against Rs 46.18 crore in the year-ago periodNew...
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