For Indian regulators, Paytm Payments Bank was apparently too close with its parent company. The Reserve Bank of India (RBI) this week announced it was suspending business at the...
India’s banking regulator ordered Paytm Payments Bank to stop conducting business. The Reserve Bank of India made the order Wednesday (Jan. 31), saying an audit...
India’s central bank, the Reserve Bank of India (RBI), has fined Paytm Payments Bank for non-compliance, including Know Your Customer (KYC) regulations, according to an...
Paytm CEO Vijay Shekhar Sharma said investors in his firm do not have access to customer data, in a bid to ease concerns over reports...
India’s central bank has blocked Paytm Payments Bank from welcoming new customers pending an audit of its IT systems, according to a press release Friday...
Paytm Payments Bank is no longer providing support for cryptocurrency exchanges, including WazirX, ZebPay and CoinSwitch Kuber, Mint reported. The crypto industry has been set...
India-based Paytm Payments Bank not only wants to become the world’s largest digital bank, but also to evolve into a financial services company providing a...
Digital payments have become big business in India since the government moved to ban high-value banknotes late last year. Recently, India’s digital wallet, payment and...