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Paytm gets RBI's in-principle nod for online payment aggregator licence
Paytm had reapplied for the payment aggregator licence in September 2024 but was awaiting approval for nine months, even as peers such as PayU, MobiKwik’s Zaakpay, and PBFintech’s lending arm got their licences.
Paytm secures RBI nod for payment aggregator licence after AntFin's exit
Notably, the new development comes after China's Ant Financial exited the company last week, selling its entire 5.84 per cent stake for around ₹3,803 crore
Paytm's unit gets Indian central bank nod to operate as online payment aggregator
Indian fintech firm Paytm's Payment Services unit has got 'in-principle' approval from the country's central bank to operate as an online payment aggregator, it said on Tuesday.
Paytm Share Price At Over Three-Year High After RBI Approves Online Payment Aggregator License
January 2022 on Wednesday after the Reserve Bank of India allowed subsidiary Paytm Payments Services Ltd. to operate as an online payment aggregator. The RBI asked the company to undertake a system audit that also includes a cybersecurity audit and submit the report to the central bank within six months.
Paytm payments arm PPSL gets ‘in-principal’ approval from RBI to operate as online aggregator
Paytm payments arm PPSL gets ‘in-principal’ approval from RBI to operate as online aggregator. The company made the disclosure in a filing with the stick exchanges on August 12. It said: "Regarding the application filed by Paytm Payments Services Limited (PPSL),

Antfin to exit Zomato parent Eternal with Rs 5,375 cr block deal; second India exit this week

As per reports, it is expected that Antfin will sell approximately 18.85 crore shares in Eternal as part of a block deal.

Antfin Exits Paytm with INR 3,980 Cr Stake Sale

The stake sale was executed in two blocks of 1,86,43,863 shares each. The shares were priced at INR 1,067.53 and INR 1,067.63 apiece.

Weekly Business Updates: Everything from SBI’s crude oil import warning to Antfin exiting Eternal

India’s aggressive buying of discounted Russian oil over the past three years has saved the country billions in energy costs.

Antfin to exit Eternal in $612 mn block deal

The term sheet showed that the clean-up trade was made at a 4.63% discount to Eternal’s closing share price on 6 August.

Antfin to likely sell entire 5.84% stake in Paytm at Rs 3,800 crore via block deal: Report

Holding B.V., an Ant Group affiliate, is likely to sell its entire 5.84% stake in One 97 Communications through a Rs 3,800 ...
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Antfin exits Paytm with a loss of nearly $2 billion

Antfin's exit marks yet another institution, which has exited Paytm with a loss. Earlier, Warren Buffett's Berkshire Hathaway ...

China's Alibaba to exit India's Eternal via block deal, CNBC-Awaaz reports

China's Alibaba Group is likely to exit India's Eternal in a block deal valued at 53.75 billion rupees ($613 million), ...

Antfin exits Eternal with ₹5,370 crore stake sale at ₹285 floor price

Antfin Singapore Holding to sell its entire 1.9% stake in Eternal (formerly Zomato) via block deals worth Rs 5,370 crore at a ...

Antfin to Exit Zomato Parent Eternal Ltd with ₹5,375 Cr Block Deal

In a significant move reflecting China-based Ant Group’s continuing retreat from Indian tech investments, Antfin Singapore ...
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Paytm shareholder Antfin to sell 3.6% stake via block deal - report

Paytm shareholder Antfin is likely to sell a 3.6% stake in the Indian payments firm through a block deal on Friday as it further reduces its stake in the company, CNBC-TV18 reported on Thursday.