Indian tech company One97 Communications announced the exit of Surinder Chawla from the beleaguered Paytm Payments Bank. Chawla stood down from chief executive officer and managing director, citing “personal reasons”.…
The Reserve Bank of India (RBI) has imposed further restrictions on Paytm Payments Bank Limited (PPBL), effectively freezing its ability to accept new deposits, top-ups, and offer key banking services…
The BSE has sought a clarification from One 97 Communications, the parent company of digital payments platform Paytm, over the steep fall in the prices of its shares. “The exchange…
Shares of Paytm parent One 97 Communications tumbled down more than 13% on March 14 to an all-time low at Rs 675 on the National Stock Exchange (NSE) after the…
The RBI has imposed a penalty of ₹1 crore on Paytm Payments Bank Limited (PPBL) owing to non-compliance with its certain directions. In a release on Wednesday, the RBI stated…
KOLKATA: On Friday, Paytm Payments Bank (PPBL) launched a ‘cash-at-home’ initiative which would be only limited for senior and different-abled Indians. This scheme comes amid the nationwide pandemic that has…
Amica, a newly-launched fintech startup, has bagged $24 million (approx INR 169 crore) in its maiden funding round from Greyhound Capital, 3one4 Capital, Rocket Internet, Matrix Partners and Sequoia Capital,…
A fund raising data has revealed that in the last five years, for the first time, the fintech startups have bagged more capital in 2019 than their consumer-facing counterparts. According…
Credenc, a fintech platform, which provides education loans, has secured INR 17.8 crore in a seed-round of funding from Omidyar Network India, EMVC, Better Capital, and IIMK Alumni Fund, reported…
BASIX Sub-K iTransactions, a fintech startup, has secured $10.5 million (INR 75 crore) series C round from Maj Invest. The platform BASIX Sub-K iTransactions will use the funds for business…
