DNA Explainer: Why Vijay Shekhar Sharma resigned as Paytm Payments Bank chairman
Paytm Payments Bank will now commence the process of appointing a new chairman.
Source: dnaindia.com
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NPCI asked to help '@Paytm' UPI handle users migrate to other banks
The reserve bank has asked the national payments corporation of india (npci) to examine the possibility of migrating paytm payments bank customers using the upi handle ‘@paytm’ to 4-5 other banks, in a bid to prevent any disruptions in the payment ecosystem. on friday, the central bank came out with additional steps for the benefit of customers, wallet holders and merchants who are availing banking services from paytm payments bank, which has been barred from accepting deposits and credits after march 15, 2
Source: thehitavada.com
Finance Minister Sitharaman to meet fintech companies next week, Paytm not invited |
Finance Minister Nirmala Sitharaman is planning to meet the heads of fintech companies next week to discuss their concerns and challenges. However, Paytm is unlikely to be invited due to recent regulatory actions against Paytm Payments Bank. Read more.
Source: indiatimes.com
Paytm | NPCI advised to help '@Paytm' UPI handle users migrate to other banks
As per the website of Paytm Payments Bank (PPBL), it has 30 crore wallets and 3 crore bank customers
Source: telegraphindia.com
Paytm app: RBI asks NPCI to look into One97 Communication's plea tp become TPAP for UPI usage
Paytm is presently not classified as a TPAP due to UPI transactions being routed through Paytm Payments Bank.
Source: businesstoday.in