Search For "one 97 communications"
Paytm Payments Bank clarifies: No probe against Bank or One97 Communicatio
Updated : 2 years, 1 month ago IST
In light of recent discussions surrounding inquiries by the Enforcement Directorate, a spokesperson for Paytm Payments Bank today provided clarity on the matter. The spokesperson affirmed, "One 97 Communications Ltd and Paytm Payments Bank operate with the highest ethical standards. We can c
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Paytm set to expand its existing relationships with leading third-party ba
Updated : 2 years, 1 month ago IST
Paytm Payments Bank Limited ("PPBL"), an associate of OCL (One 97 Communications Limited), has received RBI directions. Paytm Payments Bank is set to expand its existing relationships with leading third-party banks to distribute payments and financial services products
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Paytm may see profitability in March, two quarters ahead of expectation; G
Updated : 3 years, 1 month ago IST
Paytm is expected to be adjusted EBITDA positive in March 2023, two quarters ahead of the estimates and the company's guidance of September 2023.
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Paytm to be key beneficiary of UPI incentive scheme, may cash in 5-7% of t
Updated : 3 years, 2 months ago IST
The Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23, compared with Rs 15 billion in 2021-22.
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Paytm has excess cash, buyback won't hamper growth plans: Morgan Stanley
Updated : 3 years, 3 months ago IST
On Wednesday, Morgan Stanley indicated that the company's directors and key management personnel (KMP) will not sell shares during the buyback period. The global financial company said the buyback won't hamper any growth plans as it believes the company will generate excess cash after taking
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Paytm leadership strengthens as fintech firm's loan distribution jumps 150
Updated : 3 years, 3 months ago IST
The fintech firm Paytm's loan distribution business scaled to 6.8 million loans disbursed during the two months ended November 2022, a year-on-year growth of 150 per cent.
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ICICI Securities recommends 'Buy' rating for Paytm
Updated : 3 years, 3 months ago IST
Recently, other top brokerage firms such as JP Morgan, Morgan Stanley, Goldman Sachs, Dolat Analysis and Research Themes, and CITI extended their confidence in Paytm's strong performance with 'Buy' ratings.
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Paytm's payments vertical its core and is profitable
Updated : 3 years, 4 months ago IST
Fintech solutions provider One 97 Communications, which operates the popular payment platform Paytm continues to dominate the payments landscape in India.
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Paytm gaining from online transactions; firm deployed 1 million devices ju
Updated : 3 years, 4 months ago IST
New Delhi [India], October 20 (ANI): The growth of digital payments in India has been significant, especially over the past couple of years when millions of merchants transitioned towards accepting online payments from consumers. This change in consumer behaviour has led to the massive popul
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Paytm's loan distribution business crosses ICICI Securities' estimates in
Updated : 3 years, 5 months ago IST
New Delhi, [India], 11 (ANI): Fintech solutions provider One 97 Communications, which operates the popular payment platform Paytm, continues to witness robust loan distribution growth as it reiterated its focus on maintaining a quality loan book.
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Funds frozen by ED don't belong to Paytm, clarifies company
Updated : 3 years, 5 months ago IST
New Delhi [India], September 16 (ANI): Fintech solutions provider One 97 Communications, which operates the popular payment platform Paytm, dismissed reports that said its bank accounts were frozen after recent raids by the Enforcement Directorate (ED) in connection with the Chinese loan app
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Paytm's leadership position in payments and credit business strengthens
Updated : 3 years, 6 months ago IST
New Delhi [India], September 8 (ANI): Payment and credit operations of fintech solutions provider One 97 Communications which operates the popular payment platform Paytm continued to witness robust growth.
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