India’s banking regulator has reportedly found thousands of Paytm Payments Bank accounts created without proper identification. The Reserve Bank of India (RBI) has turned this information...
Paytm, an India-based digital payments firm, is facing uncertainty regarding its license as the Reserve Bank of India ordered it to stop accepting deposits after...
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...
Paytm is reportedly overhauling its wealth management operations as the FinTech aims to fast-track profitability. Part of the plan also involves the Indian company hiring more than...
India’s recent crackdown on unsecured consumer loans has reportedly placed increased pressure on FinTech lenders. The Financial Times (FT) examined the state of companies such...
Paytm’s stock hit a two-year low Thursday (Dec. 7) after it changed its small-ticket loan policy and brokers downgraded its stock. The Indian FinTech had announced earlier...
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...