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India s central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification and has passed the information on to the country s financial crime. ....
India's Paytm wallet business at risk as licence transfer uncertain zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
The Reserve Bank of India (RBI) has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in its accounts or popular wallets from March, in a major blow to one of the country's largest payments firms. Paytm shares plunged the daily limit of 20% on Thursday after the central bank's move, which could be a precursor to its licence being cancelled, said a person familiar with the matter. Following are answers to some key questions about Paytm and its payments bank. ....
India's finance minister unveils budget with focus on poor, women, youth and farmers zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
India will reduce its budget gap sharply in 2024-25 and focus on infrastructure and long-term reforms to drive growth, Finance Minister Nirmala Sitharaman said on Thursday as the government presented. ....