Paytm CEO Vijay Shekhar Sharma has resigned as non-executive chairman and board member of Paytm Payments Bank amid regulatory challenges faced by the digital payments giant.
RBI's action against Paytm and Kotak Mahindra Bank for non-compliance raised concerns. Kotak Mahindra's failure to meet data storage requirements led to RBI directives. Similar actions were taken against HDFC Bank in 2020. The events underscore the need for stronger regulatory mechanisms.
#kotakmahindrabankopenaccountzerobalance #kotakmahindrabank #kotakmahindrabanknews #kotakmahindrabankcreditcard #kotakmahindrabankcreditcardapply #kotakmahindrabankpersonalloan #RBI #RBInews #Moneynews #Oneinda #Oneindia news
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Indian Foreign Minister S. Jaishankar rebuffed U.S. President Joe Biden's assertion that "xenophobia" was hindering India's economic progress. Speaking at a round table discussion hosted by a newspaper on Friday, Jaishankar emphasised that India's economy is robust and dismissed any suggestion of faltering. He highlighted India's long-standing tradition of openness as a society, refuting claims of xenophobia impacting its economic growth.
#EAMJaishankar #JoeBiden #XenophobicComment #IndiaRejects #CitizenshipAmendmentAct #CAA #IndianDiplomacy #GlobalRelations #PoliticalResponse #BidenComment #ForeignPolicy #IndiaUSA #DiplomaticRelations #XenophobiaDebate #InternationalAffairs
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Pakistan accuses India of "extra-judicial and extra-territorial" assassinations in a complaint to the UN Security Council, alleging breaches of international law and sovereignty. Despite India's denial, Pakistan persists in its accusations, while grappling with its own internal turmoil fueled by terrorism. India rebuts Pakistan's claims, highlighting Pakistan's dubious track record and challenging its narrative on the global stage.
#Pakistan #PakistanIndia #UN #UnitedNations #PakistanIndiaTensions #UnknownMen #Worldnews #Oneindia #OneindiaNews
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Israel has issued Hamas a one-week ultimatum to accept a proposed deal brokered by the US, Egypt, and Qatar. This agreement entails the release of several hostages in exchange for a six-week cessation of hostilities. The ultimatum was reportedly communicated through Egyptian officials, suggesting Hamas has until the following week to respond. This development follows Israeli Prime Minister Benjamin Netanyahu's statement indicating Israel's intent to proceed with an operation in Rafah regardless of the deal's outcome.
#CeasefireDeal #RafahOffensive #Netanyahu #HamasUltimatum #IsraelHamasWar #MiddleEastConflict #GazaCrisis #InternationalDiplomacy #PeaceNegotiations #SecurityThreat #MilitaryOperation #GlobalSecurity #RegionalTensions #WarOnTerrorism #PoliticalPressure
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Israel retaliates against Turkey's trade halt by limiting Turkish trade with the Palestinian Authority and seeking sanctions. The move, spurred by Turkey's bid to pressure Israel on Gaza, draws strong condemnation. Erdogan defends Turkey's actions, while Israel vows robust responses, straining relations further amid the ongoing conflict.
#Israel #Turkey #IsraelTurkey #TurkishEconomy #TurkeyNews #TurkeyUpdate #IsraelGaza #IsraelWarlive #Gazawar #Worldnews #Oneindia #OneindiaNews
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The White House defended President Biden's comments on 'xenophobia' regarding India, China, and Japan, stressing the positive role of immigrants in the US. Biden's remarks, made at a Democratic Party fundraiser, linked economic challenges in these countries to xenophobia, but faced criticism. Nonetheless, the White House reaffirmed Biden's commitment to strengthening ties with allies like India and Japan.
#WhiteHouse #PresidentBiden #JapanIndia #USIndia #USJapan #Xenophobia #BidenGaffe #USnews #Worldnews #Oneindia #Oneindianews
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Discover the latest on India's financial landscape as Paytm faces a significant setback with a 20% plunge in its shares after RBI's regulatory actions on its payments bank. Join us for a deep dive into..
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