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How to activate new UPI ID on Paytm app: Paytm can now provide UPI services through partner banks. After the approval, Paytm has expedited the integration with Axis Bank, HDFC Bank, State Bank of India (SBI), and YES Bank. ....
The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday. ....
In January last year, the RBI had returned the IPO-bound fintech firm s application to operate as a PA due to its complex corporate structure, and barred it from onboarding new merchants ....
In a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mechanisms to influence voters or indirectly fund candidates who are participating in the elections. ....
The need for these hybrid soundboxes was felt in the backdrop of a high-noise environment in India, Sharma said describing the evolution of the company s soundbox offerings as legitimate India innovations . ....