Paytm’s efforts to mollify the regulator is being seen as an attempt to buy time beyond the March 15 deadline. Migration of merchants is taking more time than expected, with several banks worried about redoing KYC of crores of subscribers
Shares of Pollard Banknote Limited (TSE:PBL – Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$33.56 and traded as high as C$33.58. Pollard Banknote shares last traded at C$33.00, with a volume of 8,025 shares changing hands. Analyst Upgrades […]
As the RBI has asked the Paytm Payments Bank Limited to shut operations by March 15, 2024, there will be no TPAP registration for the Paytm app to be able to provide UPI payment services.
Bernstein expects Paytm to successfully execute the operational changes required to remove the dependency on Paytm Payments Bank with limited long-term impact to the fintech firm s overall business
With the crackdown on Paytm Bank, the RBI has sent out a clear message to fintechs that no matter how big a company is, non-compliance with rules isn’t an option. And that the regulator won’t hesitate to pull the plug