Sebi Issues Warning to Paytm

Sebi Issues Warning to Paytm

According to a filing on the exchange, Paytm, a fintech company, received an administrative warning for specific transactions with its banking subsidiary for the fiscal year 2021–2022. In the latter, dated July 15, the Securities and Exchange Board of India (Sebi) stated that some transactions between Paytm and the now-closed Paytm Payments Bank were carried … Read more

Paytm’s Operations to Persist Beyond February 29, Says Vijay Shekhar Sharma

Paytm's Operations to Persist Beyond February 29, Says Vijay Shekhar Sharma

Paytm founder Vijay Shekhar Sharma said that the app would continue to operate beyond February 29 as he allayed user concerns after Reserve Bank of India’s (RBI) action. Taking to X (formerly Twitter), Vijay Shekhar Sharma said, “To every Paytmer, Your favourite app is working, will keep working beyond 29 February as usual. I with … Read more

UPI Transaction Limit: How much money can I transfer using mobile payment services?

New Year, New Rules: UPI Transactions Face Regulatory Changes Starting Today

If you also pay through UPI, then this news is very useful for you. Do you know that your bank puts a transaction limit on you? You can make payments through the UPI app only up to a limit. Every bank has a dily limit for UPI transactions. This means that you can send or … Read more