One97 Communications Ltd

Financial News

Paytm Payments Bank Plans to Cease Issuing New Loans in the Upcoming Weeks .

On January 31, the Reserve Bank of India imposed limitations on Paytm Payments Bank, preventing any deposit or credit transactions in customer accounts after February 29. In the December quarter, Paytm Payments Bank witnessed a 56% year-on-year surge in disbursed loans, amounting to Rs 15,535 crore across its three loan distribution categories—merchant loans, personal loans, […]

Read More