Tag: rbi action
Posted in Startups
paytm ban: Shock and awe: Founders decry RBI action against Paytm
February 1, 2024 Leave a Comment on paytm ban: Shock and awe: Founders decry RBI action against Paytm
The Reserve Bank of India’s decision to prohibit fintech major Paytm’s vertical Paytm Payments Bank from offering all forms of banking services within a month…
Posted in Startups
paytm: Paytm says RBI diktat may lead to Rs 500-crore hit on annual earnings
February 1, 2024 Leave a Comment on paytm: Paytm says RBI diktat may lead to Rs 500-crore hit on annual earnings
Financial services company Paytm expects a hit of around Rs 300-500 crore on its Ebitda (earnings before interest, taxes, depreciation and amortisation) after the Reserve…