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The Reserve Bank of India (RBI) says it has advised National Payments Corporation of India (NPCI) to examine the request of One97 Communication Ltd (OCL/Paytm) to become a third-party application provider (TPAP) for unified payment interface (UPI) channel for continued operation of the Paytm app and @paytm channel. ....
India Business News: Paytm's parent company One97 Communications, is in talks with the National Payments Corporation of India to use third-party payment apps to ensure uni ....
Paytm Payments Bank crisis latest: The central bank, on January 31, ordered Paytm's banking unit Paytm Payments Bank Ltd (PPBL) to stop its mobile wallet business along with other activities. ....
Paytm Payments Bank faces uncertainty as customers and competitors adjust plans. Regulator intervention may be necessary to resolve issues related to banks taking over accounts. Parent company One 97 Communications and its loan sourcing business with non-banking financial companies will also be affected. Shriram Finance and other partners are reconsidering their relationships with Paytm. ....