Paytm Payments Bank

The company had recorded a total GMV of Rs 2.59 lakh crore a year ago in the same quarter New Delhi: Digital financial services firm One97 Communications, which operates under the Paytm brand, has recorded 40 per cent growth in...

Fintech company Paytm on Tuesday unveiled its payments bank becoming the first one to offer cashback on deposits. It aims to become the preferred bank for 500 million Indians by 2020. Customers will also be offered zero charge on all...

Fintech company Paytm on Wednesday said it will finally launch the operations of its payments bank on May 23. "We are in the process of launching Paytm Payments Bank on May 23. We recently received approval from the Reserve Bank...

Chinese e-commerce major Alibaba Group Holding Ltd, along with investment firm SAIF Partners, are set to invest US $200 million in Paytm’s online marketplace unit. Alibaba Singapore E-Commerce Pvt. Ltd will invest US $177 million in Paytm E-Commerce Pvt. Ltd—a...

Digital payments firm Paytm said that its wallet business will soon be transferred to its payments bank but quashed social media rumours that the m-wallets will stop working after January 15. "There are some rumours circulating that you will not...

Paytm has partnered with several brands to expand its offline merchant network before the year-end shopping season. This move is aimed to assist millions of customers as they can now use Paytm while shopping at their favourite stores. The company's...

Paytm has received final approval of the Reserve Bank to formally launch its payments bank and it expects to start operations next month. According to a PTI report: Payments banks can accept deposits from individuals and small businesses of up...

E-commerce and digital payments company, Paytm is targeting to go live with its payments bank post Diwali. The firm, which earlier hinted at an August and then - when the date passed - a November launch, is in the final leg...

Payments banks will help bring millions of people into the financial system but there is a need to make the system fraud free, a top official of Paytm Payments Bank said. According to a PTI report: Paytm Payments Bank CEO...