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Paytm Founder Vijay Shekhar Sharma is back in the trenches after RBI’s recent action left him without a banking platform. There are still some opportunities, but he will have to move swiftly to grab them ....
The layoffs at Paytm are likely to affect at least 10 per cent of the overall headcount, and is believed to be among the steepest job cuts by an Indian new-age tech firm this year. ....
The company’s leadership in offline payments is strengthened with the deployment of 5.8 million devices as of December. Additionally, Paytm reported disbursing loans worth Rs 3,665 crore, or $443 million, for the month. ....
AGENCIES The bank has said rent payments will not earn reward points, and redemption of reward points on various cards have been capped in certain segments. India’s largest credit card issuer HDFC Bank has revised its reward points programme and fees structure for its credit card customers, effective January 1, 2023. The bank ....