Paytm ends inter-company agreements with Paytm Payments Bank ahead of RBI deadline

Paytm has announced that it has decided to end several agreements with Paytm Payments Bank (PPBL) in a mutual decision. The move comes as both companies aim to strengthen PPBL’s independent operations. Continue reading “Paytm ends inter-company agreements with Paytm Payments Bank ahead of RBI deadline”

Paytm Payments Bank to deepen ties with third-party banks amid RBI guidelines

Paytm, today, has announced changes in response to the Reserve Bank of India’s (RBI) recent directions. Paytm Payments Bank Limited (PPBL), an associate of One 97 Communications Limited (OCL), has received specific instructions from the RBI under section 35A of the Banking Regulation Act, 1949. Continue reading “Paytm Payments Bank to deepen ties with third-party banks amid RBI guidelines”