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Tag: paytm

February 21, 2024 NKC KNOWS No Comments

Paytm Crackdown Signals More RBI Scrutiny on India Banks

For Indian regulators seeking to crack down on potential fraud in the financial sector, Paytm may just be the beginning. India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group. While the Paytm case […]

February 17, 2024 NKC KNOWS No Comments

RBI Not Planning Harsher Rules to Curb Fintech Sector After Paytm Strictures, Official Says

India’s banking regulator doesn’t intend to impose drastic measures on the country’s fintech sector, a senior official said, weeks after it stunned investors by abruptly suspending much of the operations of Paytm Payments Bank, founded by high-flying billionaire Vijay Shekhar Sharma. There are “no harsher measures coming on fintech,” P. Vasudevan, an executive director in […]

January 31, 2024 NKC KNOWS No Comments

RBI Restricts Paytm Payments Bank From Taking New Deposits, Credit Transactions

The Reserve Bank of India on Wednesday restricted Paytm Payments Bank Ltd from taking fresh deposits and credit transactions across its services, due to non-compliance of regulations and supervisory concerns. An audit report revealed “persistent non-compliances and continued material supervisory concerns in the bank, warranting further supervisory action,” the central bank said in a release. […]

December 25, 2023 NKC KNOWS No Comments

Paytm Announces Job Cuts in India to Save Costs

Bengaluru – One 97 Communications, parent of fintech firm Paytm, confirmed a “slight reduction” in its workforce on Monday as part of cost-cutting measures without specifying the number of jobs. A company spokesperson, however, denied recent media reports that have suggested the non-bank lender could cut more than 1,000 roles. “We will be able to […]

April 17, 2022 NKC KNOWS 1 Comment

Download yellowimages Premium mockup for free

Table of Contents Yellowimages Premium Free  Yellowimages is a website where contributors upload their graphics some of the graphics are free and some are paid but when you use free graphics and you don’t purchase the plan you have to mention contributors’ names in the project same as like freepik. Yellowimage contains a freebies section […]