Paytm Reduces 20% Of Its Workforce
Paytm Payments Bank Limited (PPBL) is considering a workforce reduction of about 20% amid uncertainties regarding the bank’s future. The decision reportedly stems from the...
Tag : PayTM
Vijay Shekhar Sharma’s Resignation From Paytm Explained
Vijay Shekhar Sharma, the founder and CEO of Paytm, has resigned as part-time non-executive chairman and board member of Paytm Payments Bank Limited (PPBL). This...
RBI Governor On Action Against Paytm Payments Bank
RBI Governor Shaktikanta Das stated that Paytm Payments Bank was afforded ample time before regulatory action was taken. Das emphasized the central bank’s thorough supervisory...
Paytm CEO Vijay Sharma Meets RBI, FM Nirmala Sitharaman
The founder and CEO of Paytm, Vijay Shekhar Sharma, recently convened with Finance Minister Nirmala Sitharaman and representatives from the Reserve Bank of India (RBI)...
Paytm Denies Money Laundering Probe Amid RBI Action
Paytm denies ED money laundering probe amid RBI restrictions. RBI concerns over Paytm accounts’ compliance and potential money laundering prompt stricter measures. Revenue Secretary Sanjay...
Paytm Assures Continued Service Amid RBI Restrictions
Paytm CEO Vijay Shekhar Sharma reassured users about uninterrupted service despite RBI restrictions. Sharma thanked users for their support and pledged to continue serving the...
Why RBI Has Put Restrictions On Paytm Payments?
On Wednesday, the Reserve Bank of India (RBI) directed Paytm Payments Bank to cease taking new deposits into its wallets or accounts after February 29,...
Paytm Lays Off 100s Of Employees After Induction Of AI
by Shashank
To ensure cost-cutting, Paytm’s parent company, One97 Communication, has terminated 100 employees across verticals, including sales and engineering, due to the firm’s implementation of Artificial...
Paytm’s Average Consumer Engagement Rises 32% In October-December Quarter Of 2022
by ANI
Paytm’s focus over the past few quarters continued to be on payment volumes that generate profitability for the fintech company — either through net payments...
Paytm leadership strengthens as fintech firm’s loan distribution jumps 150 pc during Oct-Nov
by ANI
New Delhi: Paytm’s loan distribution business through its platform continued to witness accelerated growth. The fintech firm’s loan distribution business scaled to 6.8 million loans...