Paytm shares jump 10% today; here’s why
The shares of One97 have seen a major erosion in value after the RBI's stringent action against its former associate entity, Paytm Payments Bank, on January 31, 2024
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Paytm Q4 loss widens to ₹550 cr as fintech writes off ₹227 cr investment in Paytm Payments Bank
Loss widened due to impairment of ₹227 crore towards the carrying value of Paytm's investment in Paytm Payments Bank.
Paytm shares tank 5% as COO resigns
Paytm president and chief operating officer Bhavesh Gupta has decided to resign due to personal reasons.
Paytm shares rise 3% on NPCI approval for user migration to PSP banks handles
The company received approval from the National Payment Corporation of India (NPCI) for starting the user migration to new payment system provider (PSP) handles with immediate effect.
Paytm shares extend gains after co secures TPAP licence from NPCI
NPCI on Thursday approved Paytm parent One97 Communications' application to participate in UPI as a third-party application provider (TPAP).
Paytm shares rise 5% on getting approval to become a third-party UPI app
Paytm shares have tumbled 51% from ₹761 at the close of trade on January 31, 2023, after the RBI action against PPBL.
Paytm receives third-party application provider licence from NPCI
Axis Bank, HDFC Bank, State Bank of India and YES Bank will act as payment system provider (PSP) banks to Paytm parent One97 Communications
FinMin slaps ₹5.5 cr fine on Paytm Payments Bank for violations of money laundering rules
FinMin action comes after FIU-IND received specific info on a few entities engaging in illegal acts, including organising and facilitating online gambling
Paytm shares up 4% on discontinuation of ties with Paytm Payments Bank
One97 Communications says both companies have “mutually agreed” to discontinue various inter-company pacts amid regulatory restrictions
Softbank cuts more stake in Paytm; stock falls 5%
SoftBank entity SVF India Holdings has sold 2.17% stake in One97 Communication between January 23, 2024 and February 26, 2024, bringing down its holding to 2.83%.
