RBI's action against Paytm Payments Bank explained
The RBI said the Paytm Payment Bank's continued material supervisory concerns warranted further supervisory action.
Source: hindustantimes.com
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NomuPay accelerates growth through acquisition of Total Processing
NomuPay to enhance their gateway-agnostic payment offering through the addition of merchant servicing capabilities like recurring transaction management, risk analytics and payment orchestration.
Source: adnkronos.com
NomuPay Acquires Total Processing
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Source: finsmes.com
Analysts slash SBI Card's earnings estimates post Q2 result
Poor earnings show in the September quarter (Q2FY24), with hints of likely weakness in asset quality going ahead, forced analysts to cut earnings estimates of SBI Cards and Payment Services (SBI Card). On the bourses, shares of the State bank of India arm tumbled 7.4 per cent to Rs 732 apiece on the BSE in the intraday trade as investors factord in near-term concerns. Analysts at Motilal Oswal Financial Services, for instance, slashed SBI Card earnings by 8 per cent and 10 per cent for FY24 and FY25, respectively, as they expect the company to face pesistent magin pressure.
Source: rediff.com
Lightspeed Commerce (LSPD) Q2 2024 Earnings Call Transcript
LSPD earnings call for the period ending September 30, 2023.
Source: fool.com