BENGALURU, Feb 7 (Reuters) – Shares of Paytm, opens new tab climbed as much as 10% on Wednesday after media reported that the embattled digital payments firm’s CEO had met India’s finance minister and central bank to try to resolve a regulatory
BENGALURU/NEW DELHI, Feb 3 (Reuters) – A rags-to-riches tale, Vijay Shekhar Sharma is no stranger to controversy. Now, India’s startup king faces arguably his biggest crisis in a race to save his revolutionary digital payments firm that had once counted Warren Buffett
NEW DELHI, Feb 3 (Reuters) – India’s financial crime fighting agency ED (Enforcement Directorate) will probe Paytm Payments Bank if any fresh charges of fund siphoning are found, Revenue Secretary Sanjay Malhotra told Reuters on Saturday. The Reserve Bank of India (RBI)
BENGALURU, Feb 2 (Reuters) – Indian digital payments firm Paytm, opens new tab saw its shares plunge by its daily limit of 20% for a second straight day after the central bank ordered its banking arm to stop taking fresh deposits. The