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Is there a comeback in sight for Paytm stock? Here's what we know so far

On Monday, Jefferies became the first major foreign brokerage to drop coverage on Paytm-operator One 97 Communications Ltd. until the news flow around the fintech “settles down”. ....

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Ashneer Grover on Paytm Crisis: 60-year-olds running RBI do not...

Ashneer Grover, Founder of BharatPe criticised the RBI for punitive action against Paytm Payments Bank, calling it an overreach that sends the message that banks are important but fintechs are not. ....

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Paytm may seek third-party payment app status for UPI integration, says report

Paytm plans to collaborate with three or more banks to issue new VPAs to its customers in order to address the transition of Paytm UPI users virtual payment addresses (VPAs) to handles associated with other banks. ....

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paytm crisis: Two independent directors quit Paytm Payments Bank board

Paytm founder Vijay Shekhar Sharma and PPBL managing director and chief, Surinder Chawla, are also members of the Noida-based payments bank board. PPBL faced regulatory issues after being barred by the RBI from accepting deposits or providing banking services after February 29. ....

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Shaktikanta Das on Paytm: Paytm Crisis: Action was taken after persistent non-compliance, says RBI Deputy Guv Swaminathan

The Reserve Bank of India (RBI) has taken disciplinary action against Paytm Payments Bank, following persistent non-compliance. The action was taken after banks anxiety to maintain market share and margins impeded full transmission of effective interest rates. The Paytm Saga began when the RBI directed Paytm Payments Bank to stop all banking services, including deposit acceptance and payment processing, effective February 29. ....

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