The board of Paytm Payments Bank is independent and capable of addressing regulatory concerns, Paytm chief executive officer Vijay Shekhar Sharma said in a webinar on Monday. One97 Communications ...

The RBI on Friday asked Paytm Payments Bank to stop opening new accounts amid “material supervisory concerns” observed in the bank. “Reserve Bank of India has today, in exercise of its ...

The RBI had restricted Paytm Payments Bank from accepting deposits or facilitating credit transactions in customer accounts, including prepaid instruments and wallets. Paytm shares surged over 8 ...

Paytm, operated by One 97 Communications, on Tuesday announced that it would allow brokerage applications to block funds ...

There is clear recognition that payment bank is low-risk: Paytm Shinjini Kumar of Paytm Payment Bank said the guidelines for payment banks are very progressive. There is a clear recognition that ...

Paytm Payment Bank was created with an aim to bring half a billion Indians into the mainstream economy. The bank has been designed to help achieve financial inclusion in the country. The bank shall ...

In August 2015, Paytm was also given the in-principle payment bank licence. As said by Vijay Shekhar Sharma, founder of One97, “We’re planning to launch the payments unit by August-September ...