Paytm shares rebound in intraday trade, Motilal Oswal sees 30% upside
Paytm saw its worse after the Reserve Bank of India (RBI) put a ban over the operations of its payment bank services.
Paytm saw its worse after the Reserve Bank of India (RBI) put a ban over the operations of its payment bank services.
The service also has features like 'Most Selected by Females' Tag.
Paytm had said that the customers can continue to use FASTag to pay at enabled toll and parking merchants up to the available balance in their wallet.
As the Reserve Bank of India’s (RBI) deadline to ban Paytm Payments Bank Limited (PPBL) ends on Friday, here are key changes for millions of Paytm users and merchants that will come into force.
In light of recent inquiries and speculations concerning Paytm's availability as a payment method on service providers including Uber, Swiggy, Zomato and other platforms, Paytm has come forward to address and clarify the situation for its users and stakeholders.
Interacting with reporters, Governor Shaktikanta Das said the RBI takes action against regulated entities only after a comprehensive assessment.
Meanwhile, the Paytm Payments Bank has also floated a request for proposal (RFP) from external auditors.
The meetings will be held ahead of the release of the frequently asked questions (FAQs) by the RBI.
Amid reports of Jio Financial Services buying the Paytm wallet business, the parent company, One97 Communications Ltd, has denied any such reports.
Days after the Paytm crisis intensified, a group of start-up founders has written to Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and the Reserve Bank of India