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
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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%.
RBI extends deadline for Paytm Payments Bank customers
RBI says it has decided to extend the deadline keeping in view the interest of customers (including merchants) of Paytm Bank
Paytm stock up 2% on Vijay Shekhar Sharma’s reappointment as MD, CEO
99.67% of shareholders who voted approved Sharma's re-appointment, while 0.33% were against the resolution. Shareholders also approved his remuneration, with 94.48% in favour while 5.52% against it
Data leak not behind RBI action, clarifies Paytm
Paytm denied any data leak to Chinese companies and assured complete compliance with RBI norms.
