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| Name | Paytm’s CEO Vijay Shekhar Sharma Reaffirms Plan To Reapply For Payment Aggregator License With RBI |
| Video Uploader | Video From Business Today |
| Upload Date | This Video Uploaded At 12-09-2024 09:55:39 |
| Video Discription | #rbi #paytm #vijayshekharsharma #PaymentAggregatorLicense #PaymentAggregator #AGM2024 Paytm's Vijay Shekhar Sharma on Thursday during company's Annual General Meet repeated the intention to reapply for a payment aggregator (PA) licence to Reserve Bank of India in due course. Recently, Paytm got approval from the Finance Ministry to invest in its payment services business. "We would like to inform you that PPSL has received approval from the government of India, Ministry of Finance, Department of Financial Services, vide its letter dated August 27, 2024, for downstream investment from the company into PPSL. "With this approval in place, PPSL will proceed to resubmit its PA application. In the meantime, PPSL will continue to provide online payment aggregation services to existing partners," Paytm filing said earlier. The Reserve Bank of India (RBI) had rejected Paytm's PA licence permit application in November 2022 and instructed the company to reapply with Press Note 3 compliance under the foreign direct investment norms. Listen in COURTESY YOUTUBE: @paytm #PaymentsIndustry #onlinepayment #digitalpayment #PaytmUpdates #RBIApproval #FintechNews #InvestmentApproval ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: https://www.facebook.com/BusinessToday twitter: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/ |
| Category | News & Politics |
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