In a significant blow to Paytm, the Reserve Bank of India (RBI) has initiated stringent restrictions on Paytm Payments Bank Ltd (PPBL), preventing it from providing any banking services to customers after February 29, 2024. This regulatory move, considered...
The Reserve Bank of India (RBI) has wielded its regulatory authority, imposing a hefty fine of ₹5.39 crore on Paytm Payments Bank Limited, a subsidiary of Paytm. This eye-catching penalty is a result of the bank's non-compliance with RBI's...
Paytm's digital banking offering aka Paytm Payments Bank or PPB is all set to make their customers’ lives a whole lot easier.
According to the latest media report, PPB is planing to facilitate cross-broader and domestic remittances soon. This newly...
The above graph represents the annual revenue and net income of Paytm Payments Bank, starting from fiscal 2017 to the most recently completed year. Fiscal 2019 was the first time when Paytm Payments Bank turned profitable since its inception...
Paytm has gained a lot of popularity over the past few years, trying to allure its users through exciting cashbacks and attractive offers. In an attempt to retain its current user base and to further expand it, Paytm launched...