Paytm Payments Bank Archives

Marshall Wace Sells Stake In Paytm in INR 25 Cr Block Deal

On June 14, UK-based hedge fund Marshall Wace sold 585,938 shares of fintech leader Paytm for INR 25.08 crore in a block deal. According to data from the National Stock Exchange (NSE),

June 16, 2024

Business

Paytm Restructures Workforce Amid RBI Ban, Provides Outplacement Support

One97 Communications, the parent company of the Paytm brand, has announced a significant restructuring that includes layoffs and outplacement support for affected employees. This move comes as a response to operational challenges,

June 10, 2024

Business

Paytm Payments Bank Update: What Services You Can Still Access After March 15

As the Reserve Bank of India (RBI) imposes restrictions on Paytm Payments Bank Ltd (PPBL) from March 15, it’s crucial to understand the services that will remain available to users post-deadline. Despite

May 29, 2024

Paytm Q4 FY24 Results: Losses Surge to Rs 550 Crore Amid Revenue Decline

Indian digital payments giant, Paytm, reported a significant widening of its net loss to Rs 549.6 crore for the fourth quarter ending March 31, FY24. This marks a substantial increase from the

May 22, 2024

Business·Latest News

Paytm Stock Dips 5% Following Resignation of President & COO Bhavesh Gupta

Shares of One97 Communications, the parent company of India’s leading mobile payments and financial services provider, Paytm, took a hit as the stock slipped 5 per cent to Rs 351.70 on the

May 6, 2024

Business·Latest News

Paytm COO Bhavesh Gupta Resigns Amid Regulatory Setback; Paytm Revamps Senior Management

Paytm, the leading Indian fintech giant, is undergoing significant changes in its senior management as its Chief Operating Officer, Bhavesh Gupta, steps down amid regulatory challenges. The parent company, One97 Communications, announced

May 5, 2024

Business

Paytm Payments Bank Faces License Revocation Rumors, Shares Dip 3%

Amid escalating regulatory concerns, shares of One97 Communications, the parent company of the Paytm brand, witnessed a 3% decline on Monday, exacerbated by reports hinting at potential license cancellation for Paytm Payments

March 4, 2024

Business

Paytm Payments Bank Slapped with ₹5.49 Crore Fine for Money Laundering, Confirms Finance Ministry: Report

The Financial Intelligence Unit, as reported on Friday, has levied a substantial penalty of ₹5.49 crore on Paytm Payments Bank for alleged involvement in money laundering activities, according to statements from the

March 1, 2024

Business