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Paytm gets NPCI nod to onboard new UPI users One97 Communications (OCL), the company that operates Paytm, said on Tuesday that it received a nod from the National Payments Corporation of India (NPCI) to onboard new UPI users.  The permission was granted by NPCI Managing Director and Chief Executive Officer (CEO) Dilip Asbe following a request made by OCL on August 1. In a letter to OCL founder and CEO Vijay Shekhar Sharma, the NPCI chief stated: "Upon examination of your request, we hereby accord our approval and permit ...
Paytm gets NPCI nod to onboard new UPI users
Paytm gets NPCI nod to onboard new UPI users
Source: IANS
2024-10-23 10:23:28 am
`Paytm was like a daughter to me who met with an accident`: CEO Vijay Shekhar Sharma Paytm Founder and CEO Vijay Shekhar Sharma has said the company was like his daughter who was a school topper and met with an accident on the way to an entrance test.  Metaphorically speaking at the 7th JITO Incubation and Innovation Fund (JIIF) Foundation Day, Sharma said, "As a founder, my company is like my daughter...as a company, we were getting mature...it is just as if a daughter who is a school topper has met with an accident on way to an entrance test...that is the kind ...
`Paytm was like a daughter to me who met with an accident`: CEO Vijay Shekhar Sharma
`Paytm was like a daughter to me who met with an accident`: CEO Vijay Shekhar Sharma
Source: IANS
2024-07-08 09:28:02 am
India`s Paytm says not in talks to sell stake Indian digital payments firm Paytm said on Wednesday that it was not in talks to sell a stake, contrary to what a media report had said earlier in the day. Gautam Adani, Indian billionaire and chairman of ports-to-power conglomerate Adani Group, is in talks with Paytm founder Vijay Shekhar Sharma to acquire a stake, the Times of India had reported, citing sources familiar with the matter. "We hereby clarify that the abovementioned news item is speculative and the company is not eng...
India`s Paytm says not in talks to sell stake
India`s Paytm says not in talks to sell stake
Source: Reuters
2024-05-29 09:14:40 am
Paytm announces leadership change to double down on payments & financial services offerings The One97 Communications Limited (OCL), which owns Paytm, on Saturday announced to expand its leadership team to build a large and profitable payment and financial services distribution business. Bhavesh Gupta, President and Chief Operating Officer, who was overseeing the payments and lending businesses, has decided to take a career break due to “personal reasons”, the company said in a statement. He will be transitioning to an advisory role, offering guidance for Paytm&rsqu...
Paytm announces leadership change to double down on payments & financial services offerings
Paytm announces leadership change to double down on payments & financial services offerings
Source: IANS
2024-05-05 09:09:14 am
India`s Paytm CEO in talks with RBI on regulatory concerns Paytm Chief Executive Vijay Shekhar Sharma met the Indian central bank on Monday to discuss plans to address regulatory concerns, two sources with direct knowledge of the talks said on Tuesday, days after the regulator imposed curbs on its banking affiliate. The Reserve Bank of India (RBI) told Paytm Payments Bank last Wednesday to stop accepting new deposits in its accounts and its popular digital wallets from March, citing supervisory concerns and non-compliance with rules. "Disc...
India`s Paytm CEO in talks with RBI on regulatory concerns
India`s Paytm CEO in talks with RBI on regulatory concerns
Source: Reuters
2024-02-06 02:12:07 pm
Paytm denies reports on selling its wallet business, says `market speculation`  Leading financial services company Paytm on Monday denied reports that it is in talks with a few interested investors to sell its wallet business, amid the Reserve Bank of India’s (RBI) ban on the Paytm Payments Bank. Earlier in the day, reports surfaced, claiming that HDFC Bank and Jio Financial Services were said to be among the forerunners to acquire Paytm’s wallet business. In a statement to IANS, a Paytm Payments Bank spokesperson said that “we do not commen...
Paytm denies reports on selling its wallet business, says `market speculation`
Paytm denies reports on selling its wallet business, says `market speculation`
Source: IANS
2024-02-06 09:39:44 am
Paytm app will keep working beyond Feb 29: Founder & CEO Vijay Shekhar Sharma  Paytm's associate Bank recently received the Reserve Bank of India's (RBI) directions in response to which Paytm's Founder and CEO Vijay Shekhar Sharma assured users that Paytm app will continue to work beyond February 29. In a tweet, Vijay Shekhar Sharma said: "To every Paytmer, Your favourite app is working, will keep working beyond 29 February as usual. I, with every Paytm team member, salute you for your relentless support. In his tweet, he also added, "F...
Paytm app will keep working beyond Feb 29: Founder & CEO Vijay Shekhar Sharma
Paytm app will keep working beyond Feb 29: Founder & CEO Vijay Shekhar Sharma
Source: IANS
2024-02-02 02:17:18 pm
Saving Big: Paytm`s smart move with AI to spur profit surge  Fintech giant Paytm is leveraging artificial intelligence (AI) to revolutionise payments and financial services like wealth management, Paytm Founder and CEO Vijay Shekhar Sharma said in an interview with Bloomberg. Paytm’s AI-driven strategy has helped it reduce workforce while continuing to innovate for India. “As we lead the AI revolution in India, we are embracing AI-powered automation to eliminate repetitive tasks leading to substantial cost savings. With an aim t...
Saving Big: Paytm`s smart move with AI to spur profit surge
Saving Big: Paytm`s smart move with AI to spur profit surge
Source: IANS
2023-12-21 09:49:01 am