Others News

ICAI to Scrutinize Paytm, Progress Update on BYJU'S Review

Posted in Others on 26 February 2024
ICAI President disclosed that the FRRB may soon discuss the recent developments surrounding Paytm, alongside its ongoing review of ed-tech giant Byju's accounts..

RBI Announces Additional Steps for Paytm Payments Bank Customers and Merchants

Posted in Others on 26 February 2024
Action against Paytm Payments Bank Ltd under Section 35A of the Banking Regulation Act, 1949 - Additional Steps..

Byju's Founder Faces ED Notice Over Rs 9362 Crore FEMA Violation

Posted in Others on 23 February 2024
ED has reportedly prolonged its lookout circular (LOC) against Byju Raveendran, the founder of the embattled ed-tech giant Byju's, as part of an ongoing investi..

RBI Takes Action Against Paytm Payments Bank under Banking Regulation Act

Posted in Others on 17 February 2024
Action against Paytm Payments Bank Ltd under Section 35A of the Banking Regulation Act, 1949..

Supreme Court Strikes Down Electoral Bonds, Halts SBI Issuance

Posted in Others on 15 February 2024
On February 15th, the Supreme Court delivered its long-awaited verdict on a series of petitions challenging the Electoral Bond scheme, a system allowing for ano..

UPI Goes Global - Payments Now Accepted in 7 Countries

Posted in Others on 13 February 2024
In a significant move to enhance cross-border digital transactions, the Ministry of External Affairs announced the extension of Unified Payment Interface (UPI) ..

RBI Clarifies: Paytm App Unaffected, Only Payments Bank Under Scrutiny

Posted in Others on 12 February 2024
In a press conference on Thursday, the Reserve Bank of India (RBI) clarified that its recent directive concerns Paytm Payments Bank and not the Paytm app itself..

RBI Expected to Provide Clarification on Paytm Services, Says Financial Services Secretary

Posted in Others on 09 February 2024
The Reserve Bank of India (RBI) is deliberating on potential actions regarding Paytm Payments Bank (Paytm PB) following regulatory non-compliance issues..

RBI Keeps Repo Rate Unchanged At 6.50%

Posted in Others on 08 February 2024
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today ..

Paytm CEO Meets FM Nirmala Sitharaman Amid Paytm Payment Bank Crisis

Posted in Others on 08 February 2024
In a bid to address the escalating crisis involving Paytm's banking arm, Paytm Payment Bank (PPBL), Vijay Shekhar Sharma, the founder and CEO of Paytm, held a c..