Paytm shares hit record low, down over 65% from all-time high
Paytm's market cap slipped below Rs 45,000 crore on the BSE during early trade hours.
Source: businesstoday.in
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RBI's diktat against Paytm Payments Bank is a new risk for Vijay Shekhar Sharma's listed parent firm
RBI's diktat has not only sent One97 Communications' share price plummeting, it also threatens the bank's future plans.
Source: businesstoday.in
RBI tells Paytm Payments Bank to stop adding new customers
RBI tells Paytm Payments Bank to stop adding new customers
Source: domain-b.com
RBI issues instructions to Paytm Payments Banks | Paytm Payments Banks News
RBI issues instructions to Paytm Payments Banks: The Reserve Bank of India (RBI) directed the Paytm Payments Banks to stop onboarding new customers with immediate effect. This is a huge setback for the digital finance services of Paytm. RBI took the call based on several material supervisory concerns that are observed in Paytm Payments Bank.
Source: andhrawishesh.com
Paytm Payments Bank Ltd Stops Onboarding New Customers With Immediate Effect
Onboarding of new customers by Paytm Payments Bank will be subject to specific permission to be granted by RBI after reviewing reports of the IT auditors.
Source: sentinelassam.com