Reuters

India's Paytm faces licence uncertainty as RBI order wipes $2 bln off shares

BENGALURU, Feb 2 (Reuters) - Paytm Payments Bank's digital wallet business may not be able to operate after Feb. 29 unless India's central bank approves a transfer of its licence to parent group One ...
inc42

Paytm To Move Its Point Of Sale Terminals To RBL Bank

Paytm is reportedly planning to transition its point of sale (PoS) terminals, utilised for processing card payments at merchant establishments, to RBL Bank. One 97 Communications, the parent company ...
TechCrunch

Paytm wallet and FASTag products will cease to exist, Bernstein says

India’s central bank has extended the deadline for some business restrictions on Paytm’s Payments Bank to March 15 in “larger public interest,” dashing hopes of any major concessions but allowing ...
Reuters

Indian agency seeks overseas transaction details from Paytm Payments Bank, sources say

MUMBAI/NEW DELHI, Feb 14 (Reuters) - India's financial crime fighting agency is seeking details on overseas transactions by Paytm Payments Bank after the central bank last month ordered it to wind ...
TechCrunch

Indian central bank’s clampdown wipes $2.1 billion off Paytm

Shares of Paytm fell another 20% Friday before hitting the lower circuit that temporarily halts trading as the Indian financial services firm reels from the clampdown by the central bank. Paytm fell ...