Latest News on Paytm Payments Bank
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Paytm Payments Bank - Total results - 17
Apr 03, 2019
Paytm Payments Bank to offer risk-free insurance, mutual fund products by June; savings accounts touch 4.4 crorePaytm Payments Bank was incorporated in August 2016 and formally began its operations in May 2017 from a branch in Noida.
Jan 11, 2019
Amazon begins doorstep verification of KYC services for e-wallet users; cost of operations to burn hole in firm's pocketThe Unique Identification Authority of India (UIDAI), the Aadhaar issuing authority had asked digital wallets and mutual funds registrars to stop using Aadhaar data
Jan 02, 2019
Paytm Payments Bank resumes KYC process for bank, wallet customers after nod from RBIPaytm Payments Bank Ltd in June last year was asked to stop adding new customers after an audit by the RBI that made some observations about the bank's KYC processes
Dec 14, 2018
Paytm Payments Bank posts Rs 20.7 cr net loss in FY18; total income grows at Rs 721.9 crPaytm Founder Vijay Shekhar Sharma holds 51 percent share in Paytm Payments Bank, while the rest is held by One97 Communications.
Oct 25, 2018
Paytm Payments Bank names Satish Kumar Gupta as managing director and CEOSatish Kumar Gupta brings over 35 years of leadership experience to Paytm Payments Bank, with prior senior roles at SBI and NPCI, the company said in a statement.
Aug 29, 2018
Cabinet approves 80% increase in spending for India Post Payments Bank to Rs 1,435 croreThe government-backed India Post Payments Bank is set to go live with 650 branches and 3,250 access points across the country on 1 September
Aug 28, 2018
Warren Buffett's Berkshire picks up stake in Vijay Shekhar Sharma's Paytm, gets Board seatWith this deal, Buffett's investment firm joins Japanese giant SoftBank that had last year bought a reported 20 percent stake in Paytm for an estimated $1.4 billion (over Rs 9,000 crore).
Aug 01, 2018
Reserve Bank of India orders Paytm Payments Bank to stop onboarding customers: ReportPaytm was reportedly asked to remove Renu Satti as the chief executive of its payments bank, with the RBI raising objections about her ability to lead a banking services firm.
Sep 11, 2017
Paytm Payments Bank partners with NPCI to launch a RuPay powered digital debit cardWith the PPB Digital debit card, customers will now be able to transact at all merchants who accept credit and debit cards.
Sep 01, 2017
Paytm Payments Bank to partner with full-service banks for loan services and term depositsPayments banks are niche banks that were allowed by the Reserve Bank of India in a bid to expand access to financial services in Asia third-largest economy.