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paytm

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Leading financial services company Paytm said on Monday that its founder and CEO Vijay Shekhar Sharma has stepped down as Non-Executive Chairman and Board Member of Paytm Payments Bank Ltd (PPBL), as the Reserve Bank of India (RBI) ban on the bank's operations inches closer.

Vijay Shekhar Sharma quits as Paytm Payments Bank Chairman, Board  member

The Reserve Bank of India (RBI) has stated that Paytm app will not be impacted by the recent order issued against Paytm Payments Bank Limited (PPBL).

Paytm app not impacted by directives, is free to partner with other banks, says RBI

RBI barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top-ups in any customer accounts, prepaid instruments, etc

Explained: 3 major reasons why Paytm's payment bank services have been banned by RBI

Paytm's associate Bank recently received the Reserve Bank of India's (RBI) directions in response to which Paytm's Founder and CEO Vijay Shekhar Sharma assured users that Paytm app will continue to work beyond February 29.

Will Paytm continue to work after February 29? Founder & CEO Vijay Shekhar Sharma breaks silence

The RBI has barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top ups in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc., after February 29, 2024, other than any interest, cashbacks, or refunds which may be credited anytime.

RBI bars Paytm Payments Bank from accepting deposits after Feb 29

In the Paytm firing, employees who handled operations, and sales, and who were part of the engineering team were handed pink slips.

News

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Vijay Shekhar Sharma quits as Paytm Payments Bank Chairman, Board member

Paytm app not impacted by directives, is free to partner with other banks, says RBI

Explained: 3 major reasons why Paytm's payment bank services have been banned by RBI

Will Paytm continue to work after February 29? Founder & CEO Vijay Shekhar Sharma breaks silence

RBI bars Paytm Payments Bank from accepting deposits after Feb 29

Why did Paytm fire 1000 employees weeks before Christmas 2023 & New Year? The answer is 'AI'

Vacancy alert in Paytm for team leader, graduates can apply