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From The Economic Times

Owned by Bennett, Coleman & Co.

Paytm gets RBI preliminary nod for pre-paid instruments, including wallet

Paytm gets RBI preliminary nod for pre-paid instruments, including wallet

What's behind this

Paytm Payments Services Limited, a wholly‑owned subsidiary of One 97 Communications, has received an in‑principle approval from the Reserve Bank of India to set up and operate a payment system for issuing prepaid payment instruments such as wallets. The nod comes more than two years after the RBI barred Paytm Payments Bank from accepting fresh deposits and wallet top‑ups and earlier this year cancelled its banking licence. The subsidiary must submit a system‑audit report within six months. Following the announcement, Paytm’s shares rose to a 52‑week high in late trading on Friday.

AI-generated overview from 5 outlets. It summarises their reporting and adds no reporting of its own.

RSS excerpt

Paytm's payments unit on Friday received initial approval from the RBI to run a system for issuing prepaid payment instruments, including digital wallets. The news pushed Paytm's shares to a record high of Rs 1,960.

Coverage arrived over 21 hours. First from The Times of India, latest from The Hindu.

High Corroboration 8 news outlets reporting

How this event was covered

First reported by The Times of India at 13:48 UTC on 12 Nov.

Everything here arrived on one day, and nothing since.

Across 2 desks: business, india.

All 8 newsrooms, and who owns them

Compare all reporting outlets (8)

  1. The Economic Times Bennett, Coleman & Co. Current article

    Paytm gets RBI preliminary nod for pre-paid instruments, including wallet

    Paytm's payments unit on Friday received initial approval from the RBI to run a system for issuing prepaid payment instruments, including digital wallets. The news pushed Paytm's shares to a record high of Rs 1,960.

    Read at The Economic Times ↗
  2. 12 minutes later
  4. 5 minutes later
  6. 6 minutes later
  8. 10 minutes later
  10. 5 minutes later
  12. 4 minutes later
  14. 41 minutes later

Who did not run this

8 newsrooms ran this event. 6 others published in Business recently and did not.

See which 6 newsrooms
  • ABP Live ABP Group
  • Livemint HT Media Ltd.
  • NDTV Adani Group (AMG Media)
  • The Hindu Kasturi & Sons Ltd.
  • The Hindu Kasturi & Sons Ltd.
  • The Tribune The Tribune Trust

Counted from the newest hundred stories in the section, not from every newsroom in India.

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