Tag: Vijay Shekhar Sharma
payment payments bank: Paytm Payments Bank failed to put apparatus for detecting, reporting suspicious transactions under PMLA: FIU
Paytm Payments Bank failed to put in place an internal mechanism to “detect and report” suspicious transactions as stipulated under the anti-money laundering law and…
Paytm: SoftBank sells another 2% stake in Paytm
SoftBank Group Corp has sold a stake of 2.17% in beleaguered Indian payments firm Paytm, an exchange filing showed on Thursday. This comes after SoftBank…
Paytm shares jump another 5%. What’s working in Vijay Shekhar Sharma’s favour?
Shares of troubled fintech firm One 97 Communications on Monday rallied another 5% to the day’s high at Rs 427.95 on BSE after RBI asked…
Paytm: Elevation Capital’s massive gamble on Paytm backfires
Elevation Capital, the largest institutional shareholder in One 97 Communications– owner of digital payments brand Paytm– is staring at a massive erosion in the worth…
Vijay Shekhar Sharma exit Paytm Payments Bank: Paytm’s Vijay Shekhar Sharma discussed exiting board, removing Paytm from bank name
Vijay Shekhar Sharma, founder of Paytm and part-time chairman of Paytm Payments Bank, considered resigning from the latter’s board and removing ‘Paytm’ from its name…
Shaktikanta Das on Paytm: Paytm Crisis: Action was taken after persistent non-compliance, says RBI Deputy Guv Swaminathan
Commenting on the Paytm Crisis that broke out last month, the Reserve Bank of India (RBI) deputy Governor Swaminathan Janakiraman on Thursday said that this…
paytm shares: Paytm shares tumble over 9% as investors start losing hope after 2 days of relief rally
Shares of the crisis-ridden One 97 Communications, which runs Paytm, was back on the stressful road on Thursday as the two-day ‘buy the dip’ rally…
Paytm KYC: Likely buyers eye fresh KYC of Paytm merchants
While multiple banks are interested in taking over the payments business from Paytm Payments Bank, they are wary of source of funds in its nodal…
Paytm share price: Paytm shares jump 9% after Vijay Shekhar Sharma meets RBI, FM Nirmala Sitharaman
The roller-coaster ride in the shares of troubled fintech One 97 Communications, which runs the payments platform Paytm, continued on Wednesday with the stock rallying…
Paytm ED: ED probe on Paytm horizon; Vijay Shekhar Sharma knocks on FM’s doors
The Directorate of Enforcement (ED) is likely to initiate a formal probe into Paytm to investigate issues flagged in the reference from the Reserve Bank…