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PayTm Money Gets SEBI approval to Start Stock Broking Services-Demat Accounts.

by Askbanking April 10, 2019 Banking News, PayTmLeave a comment

PayTm money – an arm of eWallet Paytm has received Securities & Exchange Board of India (Sebi) to start stock broking services. Entry of Paytm in the broking services is seen as threat to other discount broking firms like Zerodha or Angel broking etc. Many of the leading retail stock broking firms have started offering […]

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PayTm Payments Bank Can’t Add Any New Customer From August, 1st, Know Why ?

by Askbanking August 1, 2018August 1, 2018 PayTmLeave a comment

Reserve Bank of India (RBI) has stopped Paytm payments bank from adding new customer since 1st August 2018. RBI has shown their dissatisfaction in the process approached by Paytm Payments Bank in acquiring new customer and process follows in adhering KYC norms. Paytm stopped enrolling new customers on 20 June following an audit by RBI. It […]