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HDFC Bank partners with Paytm to increase credit card issues
HDFC Bank was banned from issuing new credit cards for over eight months as a penalty for frequent outages
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Paytm more than doubles its ESOP pool ahead of IPO
Around 40 current and former Paytm employees have converted their stock options to shares.
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PhonePe gets Account Aggregator license from RBI
AA also improves the availability of financial services and competition as the customer no longer has to depend on one provider
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HDFC Bank and Paytm to jointly offer payment solutions
The partnership and the cumulative strength of both HDFC Bank and Paytm will further strengthen their respective leadership positions
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Companies crowd up RBI for payment aggregator license
Those who have applied for the authorisation or in the advanced stages of submitting their proposals include Tata Group, Amazon, and Paytm
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RBI says 2021 may turn out to be the year of IPOs
The successful IPOsin the recent months reflect the continued boom in the Indian technology sector, the central bank noted.
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UPI replacing cash in payments ecosystem: Macquarie report
Credit card's average transaction size at PoS is around Rs 3,600, while average spends per card in a month is around Rs 11,000- 12,000
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Paytm executives likely to get loans for converting ESOPs into shares
Ahead of its IPO, the digital payment major is working with lenders for Rs 100-crore credit to senior executives.
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Female participation rises in IPOs: Paytm Money
Devyani International saw the highest share of applications from Paytm Money investors under 25 years of age
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Paytm to seek shareholder nod to more than double ESOP pool
Paytm will seek approval of shareholders at EGM on September 2 to give additional charge of chief executive officer to the company's MD Vijay Shekhar
