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  Paytm aims to cut around 20 per cent of workforce amid rising employee costs: Report

  Business | May 24, 2024 11:44 IST

  Paytm stated that its loss in the fourth quarter of the financial year 2023-24 has widened to Rs 550 crore following the ban imposed by the RBI on transactions related to its payments bank.

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  Paytm's Q4 revenue falls 3 per cent to Rs 2,267 crore

  Technology | May 22, 2024 13:03 IST

  Despite the revenue dip, Paytm reported significant progress in enhancing its profitability and operational efficiency. The company's operations revenue rose by 25% year-over-year (YoY), reaching Rs 9,978 crore for the full fiscal year (FY24).

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  Vijay Shekhar Sharma assumes leadership of Paytm: Can he steer the company to stability?

  Technology | May 08, 2024 18:16 IST

  Paytm intends to strengthen its leadership team to cultivate a sizable and profitable payment and financial services distribution enterprise. These seasoned leaders will collaborate closely with the CEO and other top-level executives to drive innovation, fortify the organizational structure.

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  Paytm COO Bhavesh Gupta quits, company rejigs senior management

  Business | May 04, 2024 21:05 IST

  Bhavesh Gupta mentioned in his letter that his resignation will be effective close of business hours on 31 May.

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  Paytm gets NPCI approval to migrate '@paytm' UPI users to new banks: Details here

  Technology | April 18, 2024 18:00 IST

  Paytm is now migrating its UPI users to new bank handles after RBI imposed a ban on Paytm Payments Bank starting March 15. Paytm will continue offering its UPI services, which will be now connected to new banks.

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  Paytm clarifies licensing status amid speculation, emphasizes government's support for Fintech

  Technology | April 16, 2024 18:33 IST

  It was the RBI guidelines that mandated the formation of PPSL, the transfer of the online payments business from OCL to PPSL, and the investment of capital in PPSL, as part of the requirement to house the PA business in an independent legal entity.

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  Paytm Payments Bank crisis: Surinder Chawla resigns as MD and CEO

  Business | April 09, 2024 17:34 IST

  Paytm (PAYT.NS) has said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank.

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  A guide on how to close Paytm Payments Bank FASTag in easy steps

  Technology | March 15, 2024 17:47 IST

  The National Highways Authority of India (NHAI) has advised all Paytm Fastag users to switch to a new issuer authorised by NHAI. Here's how to close your Paytm FASTag in easy steps.

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  Are you Paytm FASTag user? Here is step-by-step guide to deactivate, port or buy to new FASTag

  Business | March 15, 2024 9:27 IST

  The National Highways Authority of India (NHAI) has advised Paytm FASTag users to procure a new FASTag issued by another bank before March 15.

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  Paytm gets third-party app license from NPCI to perform UPI transactions

  Business | March 14, 2024 21:54 IST

  Paytm has secured a third-party application provider license amidst regulatory challenges faced by its banking unit. This license enables Paytm to continue offering seamless transactions through India's unified payment interface (UPI), ensuring uninterrupted services for its users.

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  NHAI wants Paytm FASTag users to switch to other banks before March 15: Here's why

  Technology | March 13, 2024 15:37 IST

  In compliance with the guidelines issued by the Reserve Bank of India (RBI) regarding restrictions on Paytm Payments Bank, Paytm FASTag users will not be able to recharge or top-up their balance after March 15th.

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  Paytm Payments Bank removed from FASTag issuers list | Check full list of NHAI-authorized banks

  Business | March 13, 2024 11:33 IST

  FASTag is an electronic toll collection system in India, operated by the NHAI. It employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it or directly toll owner.

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  How to check your credit score for free on Paytm, Google Pay, PhonePe? A detailed guide

  Technology | March 08, 2024 17:18 IST

  Major payment applications in India have introduced a new feature that allows users to check their credit scores for free. This is great news for credit card holders and borrowers. Here's how to check your credit score for free.

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  Paytm Payments Bank fined over Rs 5 crore for violating money laundering act

  Business | March 01, 2024 19:51 IST

  A few days ago, Paytm founder and CEO Vijay Shekhar Sharma stepped down as Non-Executive Chairman and Board Member of Paytm Payments Bank Ltd (PPBL), as the Reserve Bank of India (RBI) ban on the bank's operations inches closer.

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  Paytm takes strategic measures amid PPBL crisis: Discontinues inter-company agreements

  Business | March 01, 2024 10:00 IST

  Amid regulatory pressure from the Reserve Bank of India (RBI), Paytm's parent company, One 97 Communications, has taken decisive steps to sever inter-company agreements with Paytm Payments Bank Limited (PPBL).

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  GST rule change, FASTag deactivation among key financial changes in March 2024 | Check list

  Business | February 29, 2024 17:01 IST

  The month of March will bring about various key financial changes, impacting the lives of the people. From Paytm Payments Bank to FASTag deactivation, there are several services which will undergo changes in March 2024.

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  Paytm shares settle marginally lower after hitting upper circuit limit in intra-day trade

  Business | February 27, 2024 18:05 IST

  Paytm business news: Vijay Shekhar Sharma has stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited and the board of the bank has been reconstituted, a filing said on Monday, adding PPBL will commence the process of appointing a new chairman.

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  Why did Vijay Shekhar Sharma resign as chairman of Paytm Payments Bank? | EXPLAINED

  Explainers | February 27, 2024 11:50 IST

  Vijay Shekhar Sharma, CEO of Paytm, resigned as non-executive chairman and board member of Paytm Payments Bank due to regulatory challenges, including RBI's directive to wind down operations by March 15. The RBI's concerns stemmed from compliance issues and perceived proximity to Paytm.

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  Vijay Shekhar Sharma steps down as Paytm Payments Bank chairman

  Business | February 27, 2024 6:20 IST

  On January 31, the RBI asked PPBL (Paytm Payments Bank Ltd) to stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after February 29. Later, the central bank extended the deadline till March 15.

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  RBI asks NPCI to help continue UPI operations of Paytm App

  Business | February 23, 2024 16:59 IST

  Last month, the RBI barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top ups in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc., other than any interest, cashbacks, or refunds which may be credited anytime.