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Paytms Parent Company One97 Communications Takes Strategic Steps Amid Regulatory Scrutiny - In a significant move aimed at reducing dependencies and addressing regulatory concerns, One97 Communications, the parent company of the Paytm...

India Business News: MUMBAI: State Bank of India reported a 35% drop in net profit for the quarter ended December 2023 following a one-time exceptional provision of Rs 7,1.

RBI bars Paytm Payments Bank from accepting deposits or top-ups in any customer account, including FASTags, after February 29, 2024. Paytm assures use

India Business News: MUMBAI: RBI's Wednesday diktat on Paytm Payments Bank is expected to weigh on the stock price of its parent, One97 Communications, which is still 65% .

Brokers and analysts have turned bearish on the company with one report saying the central banks decision would end the operations of Paytm Payments Bank.

One97 Communications, which owns payments and financial services platform Paytm, on Monday said its average consumer engagement was at its highest during the October-December quarter of 2022, an increase of 32 per cent on a yearly basis.

Indias leading fintech giant Paytm on Thursday announced that its board of directors will hold a meeting on December 13 to consider a proposal for a share buyback.

Fintech solutions provider One 97 Communications, which operates the popular payment platform Paytm has built diverse sources of monetization across verticals -- payments, commerce and financial services -- in comparison to other competitors, multinational investment bank JP Morgan said in a report.

Fintech solutions provider One 97 Communications, which operates the popular payment platform Paytm, continues to witness robust loan distribution growth as it reiterated its focus on maintaining a quality loan book.

New-age technology companies world over invest a considerable sum in hiring and retaining valuable talent with ESOPs being the most preferred route