Mon, Sep 25, 2023
Good news for Paytm, approval of PaymentServiceProvider license from Home Ministry is possible: News quoting sources, approval will be given if Ant Netherlands' share comes below 10%. With new shareholding, Paytm applied to Home Ministry. Good news for Paytm. Approval of PaymentServiceProvider license possible from Home Ministry: News quoting sources. Approval will be given if Ant Netherlands' share comes below 10%. Paytm applied to Home Ministry with new shareholding.
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Fri, Jun 07, 2019
In a statement, Paytm Payments Bank said it is only behind the State Bank of India, which has the highest target for digital transactions.
Thu, May 23, 2019
Nearly a third of the total mobile banking transactions in India are powered by PPB and it processes over Rs 3 lakh crore worth of digital transactions on an annualised basis.
Tue, Jan 03, 2017
The company has already invested Rs 220 crore in its payment bank platform.
Fri, Dec 09, 2016
Paytm founder Vijay Shekhar Sharma has sold 1% of his shares in One97 Communications to its shareholders for about Rs 325 crore. The amount raised will be utilised for Paytm's proposed payments bank operations, in which Sharma holds 51% stake.
Mon, Dec 05, 2016
Digital wallet service company, Paytm owned by One97 Communications Ltd, said on Monday that it will be converted into Paytm Payments Bank after the company is granted licenses by Reserve Bank of India.
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