Paytm Payments Bank: Surinder Chawla, managing director and chief executive officer (CEO) of troubled payments company Paytm Payments Bank, has resigned. Chawla has resigned at a time when Paytm Payments Bank Limited (PPBL) is facing strict action from the Reserve Bank of India (RBI). One97 Communications, the company that operates the Paytm brand, informed the … Read more
RBI imposed ban on 31 January The financial forum said that One97 Communications Limited (OCL), its subsidiaries and associate PPBL have been receiving notices and demands for information, documents and clarifications from time to time from other departments including ED in respect of customers. All necessary information in this regard is being given to the … Read more
Paytm Payments Bank Ban: Users are quite worried after the RBI ban on Paytm. Most of the users are looking for an alternative to this app. Meanwhile, by issuing a statement on behalf of the company, customers have been assured that Paytm will continue to work as before. Paytm said that its UPI service will … Read more
Paytm: Every day new things are coming to light related to the investigation in Paytm Payment Bank case. In such a situation, the company’s problems are increasing. Today again a big fall has been seen in the shares of Paytm. Lower circuit has been installed in the stock. However, to handle the situation, NSE and … Read more
Paytm Will Work in March: After the RBI ban on Paytm, the share prices of the company are going to hell. On the other hand, lakhs of users of the company are in big trouble. It is being told that State Bank of India can extend a helping hand to Paytm. SBI said that it … Read more
Paytm Share Update: Paytm shares have seen a lower circuit of 20-20 percent in the last two days. Paytm’s share price is now about 78% below its IPO offering in 2021. The company said in a recent conference call that operations should be fully normal by the beginning of March and that it is accelerating … Read more
Paytm Payments Bank But the shadow crisis is gradually deepening. The company’s share price has fallen by about 40 percent in the last two days. This morning the company’s stock price fell by 20 percent i.e. Rs 121.80 and reached the lowest level of last 52 weeks at Rs 487.20. Meanwhile, Chief Executive Officer of … Read more