![Several employees at Paytm are reportedly facing imminent job cuts, with some alleging unfair treatment during the process. Several employees at Paytm are reportedly facing imminent job cuts, with some alleging unfair treatment during the process.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fpaytm-employeesjpeg_1718378422807.jpeg&w=3840&q=8)
June 14, 2024, 08:20 AM - 2 mins read
Multiple employees shared their experiences stating that Paytm forced them to resign without providing formal documentation or severance. One former employee disclosed that the company demanded repayment of their retention and joining bonuses, which were not mentioned in their offer letters.
Read more![Adani group denies Paytm stake acquisition Adani group denies Paytm stake acquisition](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fpaytmadani1716976092jpg_1716977647802.jpg&w=3840&q=8)
May 29, 2024, 03:14 AM - 1 min read
Adani Group refutes claims of acquiring stake in Paytm amidst media speculation; Paytm denies engagement in discussions regarding the matter.
Read more![Paytm reports 3% decline in Q4 FY24 revenue, achieves 25% YoY revenue growth Paytm reports 3% decline in Q4 FY24 revenue, achieves 25% YoY revenue growth](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2F55840c708d335dcceb2e5be11fb416c9jpg_1716362693227.jpg&w=3840&q=8)
May 22, 2024, 12:24 AM - 2 mins read
Paytm reported a 3% revenue decline for Q4 FY24, totaling Rs 2,267 crore. Despite this, the company saw a 25% YoY increase in full fiscal year (FY24) revenue from operations, reaching Rs 9,978 crore, along with significant improvements in profitability and operational efficiency.
Read more![Paytm launches made-in-India 4G soundboxes for enhanced UPI and credit card notifications Paytm launches made-in-India 4G soundboxes for enhanced UPI and credit card notifications](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fpaytmsoundbox4g800x500jpeg_1713795666667.jpeg&w=3840&q=8)
April 22, 2024, 07:21 AM - 3 mins read
The launch came as One97 Communications Ltd, which runs Paytm, completed the migration of merchant customer accounts from Paytm to other unified payments interface (UPI) handles.
Read more![NPCI allows Paytm to continue UPI operation via SBI, 3 other banks NPCI allows Paytm to continue UPI operation via SBI, 3 other banks](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fpaytmrep11708687117jpg_1710429035085.jpg&w=3840&q=8)
March 14, 2024, 08:10 AM - 3 mins read
The RBI has instructed PPBL to halt all deposits, credit transactions, and top-ups in customer accounts by March 15, impacting 30 crore wallets and 3 crore bank customers. Additionally, NPCI has sanctioned One97 Communications Limited (OCL) to operate as a Third-Party Application Provider (TPAP) within a multi-bank framework.
Read more![Logo of Paytm Logo of Paytm](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fpaytmnaijpg_1709267022968.jpg&w=3840&q=8)
February 29, 2024, 08:23 PM - 2 mins read
In a statutory filing on Friday, One 97 Communications (which owns and operates Paytm) said the company and its associate entity, Paytm Payments Bank Limited (PPBL), have introduced additional measures to strengthen their approach towards independent operations of PPBL.
Read more![Paytm, the poster boy of India's fintech revolution founded in 2010 by Vijay Shekhar Sharma, has found itself embroiled in a crisis as the Reserve Bank of India (RBI) imposed significant restrictions on its operations. Paytm, the poster boy of India's fintech revolution founded in 2010 by Vijay Shekhar Sharma, has found itself embroiled in a crisis as the Reserve Bank of India (RBI) imposed significant restrictions on its operations.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fqr1jpg_1709117828068.jpg&w=3840&q=8)
February 28, 2024, 02:57 AM - 4 mins read
Known for its versatile payment solutions, e-wallet, and business platforms, Paytm now faces a critical juncture that could shape its future in the dynamic world of digital finance.
Read more![Vijay Shekhar Sharma, the founder of Paytm on Monday stepped down from his position as the Chairman of Paytm Payments Bank. Vijay Shekhar Sharma, the founder of Paytm on Monday stepped down from his position as the Chairman of Paytm Payments Bank.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2F20paytmjpg_1708960730497.jpg&w=3840&q=8)
February 26, 2024, 07:18 AM - 2 mins read
OCL stated in a released statement, "Vijay Shekhar Sharma has resigned from the Board of Paytm Payments Bank to enable this transition. PPBL has informed us that they will commence the process of appointing a new Chairman."
Read more![Representative Image Representative Image](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Funtitled-designjpg_1708689754056.jpg&w=3840&q=8)
February 23, 2024, 04:02 AM - 2 mins read
The Reserve Bank of India (RBI) has directed the National Payments Corporation of India (NPCI) to review One97 Communications Ltd's (OCL) request to serve as a Third-Party Application Provider (TPAP) for Unified Payments Interface (UPI) transactions on the Paytm app.
Read more![RBI has initiated strict actions against Paytm Payments Bank Limited, leading to concerns over the compliance of several other payment banks. RBI has initiated strict actions against Paytm Payments Bank Limited, leading to concerns over the compliance of several other payment banks.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fbb1immf6jpg_1708075624761.jpg&w=3840&q=8)
February 16, 2024, 01:27 AM - 3 mins read
The FIU's investigation has widened the scope of scrutiny to include other payment banks besides Paytm Payments Bank, with a staggering 30,000 such accounts falling under its scanner. Details of these findings have been promptly forwarded to the RBI for further evaluation and necessary actions, sources familiar with the matter disclosed.
Read more![Visa and Mastercard barred from B2B transaction. Visa and Mastercard barred from B2B transaction.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fvisanaijpg_1707987727890.jpg&w=3840&q=8)
February 15, 2024, 01:02 AM - 3 mins read
RBI has restricted Visa and Mastercard from offering card based B2B payments to clampdown unauthorised digital transactions.
Read more![Digital payments giant Paytm’s shares plunged further, reaching an all-time low on Wednesday. Digital payments giant Paytm’s shares plunged further, reaching an all-time low on Wednesday.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fhowtosetupapaytmbusinessaccount1080x5001677035876jpg_1707914517453.jpg&w=3840&q=8)
February 14, 2024, 04:41 AM - 4 mins read
Suresh Ganapathy, an analyst at Macquarie, voiced concerns over Paytm's ability to retain customers and maintain its business model amidst regulatory headwinds. The brokerage highlighted the potential fallout with lending partners, citing indications that some partners are reconsidering their relationship with Paytm, which could significantly dent its lending business revenues.
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