payments

Vijay Shekhar Sharma resigns as Paytm Payments Bank chairman | Top Vip News

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[ad_1] Paytm founder Vijay Shekhar Sharma has resigned as part-time non-executive chairman of Paytm Payments Bank Limited (PPBL) ahead of the March 15 deadline to wind down his business. Vijay Shekhar Sharma, founder and CEO of Paytm (Reuters) {{^subscribeduser}} {{/subscribeduser}} {{^subscribeduser}} {{/subscribeduser}} PPBL has also reconstituted its board of directors with the appointment of former … Read more

Education Department finds no FEMA violation in Paytm Payments Bank case | Top Vip News

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[ad_1] The Enforcement Directorate (ED) has not found any violation of the Foreign Exchange Management Act (FEMA) during the investigation into the transactions of Paytm Payments Bank Limited (PPBL). The Reserve Bank of India (RBI) has the authority to take action against other cases of alleged non-compliance, according to sources familiar with the matter. On … Read more

Paytm Payments Bank, Wallet Issues Explained: What are the options you have before the company? | Top Vip News

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[ad_1] The Reserve Bank of India (RBI) had last month restricted the operations of Paytm Payments Bank Limited (PPBL), citing in the audit report “persistent non-compliance and continuing material supervisory concerns at the bank”. The RBI also asked the PPBL to stop accepting new customers and deposits, credit transactions or top-ups on customer accounts, wallets, … Read more

Scared Paytm Payments Bank Executives Rush to Recruiters for Jobs | Top Vip News

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[ad_1] Recruiters are being inundated with resumes and job applications from employees of Paytm Payments Bank and its parent company One97 Communications, who fear the digital payments company could face more regulatory problems in the future. Employees at all levels in technology, commercial banking, sales and marketing are willing to take pay cuts elsewhere at … Read more

Dow Jones payments giants Visa and American Express diverge in results, Capital One fades | Top Vip News

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[ad_1] Visa (V) released quarterly results Thursday evening. Fellow Credit Card Giant Dow Jones American Express (AXP) rose in its outlook early Friday. Capital One Financial (COF) reported a large earnings miss Thursday afternoon. AXP shares rose early Friday, while V shares retreated and COF shares faded. x American Express American Express reported a 27% … Read more