Paytm Q4FY24 loss widens to Rs 550 cr YoY; FY24 increases 25%

New Delhi: Digital payments firm Paytm reported a consolidated loss of Rs 549.6 crore for the fourth quarter of the financial year 2023-24 (Q4 FY24), up from Rs 168.4 crore in the same quarter the previous year, media reported.

Paytm starts migrating its users to PSP banks

Mumbai: One 97 Communications (OCL), the company that operates Paytm, has been granted permission by the National Payments Corporation of India (NPCI) to migrate its users to different banks for UPI transactions.

SoftBank offloads 2% stake in Paytm parent One97 Communications

Multinational investment firm SoftBank Thursday communicated to the bourses that it has offloaded a little more than 2 percent stake in One97 Communications Limited, the parent company of Paytm, in compliance with the SEBI regulations, Moneycontrol reports said.

Paytm registers 6 mln loan disbursals during July-Aug period

Mumbai/UNI: One 97 Communication, the parent company of Paytm, Tuesday said its loan distribution business scaled to six million disbursals during the July-Aug period, aggregating to Rs 4,517 crore.

Sahreholders reappoint Vijay Shekhar Sharma to head Paytm for 5 more yrs

Vijay Shekhar Sharma has been once again appointed the Managing Director and Chief Executive Officer of Paytm as 99.67 percent of shareholders voted in favour of him.