paytm

Is the worst over for Paytm? Stock market gains for the fourth consecutive day; This is everything you need to know – Market News | Top Vip News

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[ad_1] Shares of One97 Communications, the parent company of Paytm, extended its positive momentum for the fourth consecutive session. The stock soared over 4% intraday on Wednesday, March 20, hitting the daily high of Rs 425.70 on the NSE, driven by strong trading volumes. The gains came on the back of the National Payments Corporation … Read more

Are you still using Paytm FASTag? Here is a step by step guide to migrate to a new FASTag | Top Vip News

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[ad_1] In a recent move, the Reserve Bank of India (RBI) directed Paytm Payments Bank Ltd. (PPBL) to stop accepting deposits or top-ups to any customer accounts, including wallets and FASTags, after February 29 2024. As PPBL did not follow the service level agreement guidelines, the Indian Highways Management Company (IHMCL), a division of the … Read more

Paytm can overcome setbacks to lead in Asia, says Vijay Shekhar Sharma | Top Vip News

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[ad_1] Story continues below Paytm founder Vijay Shekhar Sharma expressed confidence that his digital payments pioneer will overcome regulatory setbacks in India this year and return as a stronger company. “The most important thing I’ve learned is that many times your teammate and your advisor may not be understanding correctly,” Sharma said at a fintech … Read more

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

Paytm may gain after new RBI announcement and Morgan Stanley ‘equal weight’ rating | Top Vip News

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[ad_1] Story continues below Paytm stock may extend the previous week’s gains on February 26 as Morgan Stanley maintained an equal weight call option on the stock with a target price of Rs 555 per share. This comes after the Reserve Bank of India (RBI) advised the National Payments Corporation of India (NPCI) to examine … Read more

How to transfer your Paytm Fastag to another bank | Top Vip News

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[ad_1] The National Highways Authority of India (NHAI) has removed Paytm Payments Bank Ltd (PPBL) from the list of authorized Fastag providers. The list now has 32 banks and highway toll authority Indian Highways Management Company (IHMCL) has advised users to buy Fastags from banks that are on the list. The Reserve Bank of India … 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

Nearly 13,500 Paytm, Byju’s employees seek new jobs amid company’s woes: report | Top Vip News

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[ad_1] Even as companies Byju’s and Paytm face crises amid investor scrutiny and regulatory hurdles, their employees are looking for new jobs. The total number of employees seeking new jobs is around 13,500 – over 6,500 people from fintech company Paytm and around 7,000 from edtech company Byju’s, according to an ET report. The report … 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

Paytm restrictions: RBI may consider revising February 29 deadline, if need arises | Top Vip News

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[ad_1] The Reserve Bank of India may consider a revision of the February 29 deadline for Paytm Payments Bank, if adequate deposits are not withdrawn from customers, according to two people familiar with the matter. The regulator has not yet made any final decision on the matter and will only review the need for an … Read more