Tag: Paytm
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“Paytm Faces ‘Very Serious’ Warning from SEBI, Shares Drop 2%”
One97 Communications Limited, the parent company of Paytm, experienced a decrease of almost 2% in its shares on Tuesday following a cautionary letter from the Securities and Exchange Board of India (Sebi) concerning related party transactions for the fiscal year 2022. During the initial trading session on the Bombay Stock Exchange (BSE), the stock dropped…
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Paytm explained regarding the RBI order, outlining the impact on Paytm Users both presently & after Feb 29th.
Paytm has issued a response to the recent directive from the Reserve Bank of India, which entails a set of limitations on the company’s diverse range of services. This directive will have an impact on Paytm Wallets, Paytm FASTags, fund transfers, and other associated functionalities. Let us now explore the implications of these restrictions on…
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Paytm’s shares experience a decline following the regulatory action taken by the RBI against the payments bank !
On Thursday, Paytm witnessed a significant decline in its market value as it was instructed by the RBI to cease its operations at Paytm Payments Bank. This resulted in a loss of one-fifth of its market value. New Delhi: Paytm, a digital payments company, experienced a significant decline in its market value on Thursday following…
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“The RBI’s Impact on Paytm’s Banking Operations”
Following an order from the RBI, Paytm Payments Bank is required to discontinue the acceptance of fresh deposits in its accounts or popular wallets starting from February 29, 2024. New Delhi: Paytm Payments Bank has been directed by the Reserve Bank of India (RBI) to cease accepting fresh deposits in its accounts or popular wallets…
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Recharging your mobile via Google Pay & Paytm is no longer free, as charges of a specific amount of Rupees are now being imposed.
Google Pay and Paytm have recently implemented a nominal convenience fee for mobile recharge transactions. It is important to note that this service was previously provided free of charge, without any additional fees. However, the current scenario indicates a change in this policy. Google Pay and Paytm are prominent payment applications in India. GPay and…