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
One97 Communications says both companies have “mutually agreed” to discontinue various inter-company pacts amid regulatory restrictions
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 says it has decided to extend the deadline keeping in view the interest of customers (including merchants) of Paytm Bank
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
Paytm denied any data leak to Chinese companies and assured complete compliance with RBI norms.