CFO News

DECEMBER 16, 2022

The company owes a group of 10 lenders led by State Bank of India (SBI) a total of ₹4,900 crore. Delays in payments had meant the account was tagged as NPA in the fourth quarter of last fiscal. However, the company cleared its outstanding dues in the last three months and has proposed a fresh payment schedule to banks.

Restructuring 52

Restructuring Planning Banking Accounting 52

PYMNTS

FEBRUARY 23, 2020

Paytm Payments Bank is teaming up with ride-hailing firms — including Ola and Uber — to enable some 100,000 drivers to buy and recharge FASTags at major cities country-wide, DealStreetAsia reported on Sunday (Feb. We are happy to partner with Ola and Uber and bring their driver-partners to the formal banking system.

Transportation 52

Transportation Banking Accounting Planning 52

PYMNTS

DECEMBER 30, 2019

The Reserve Bank of India (RBI) has made some payment moves to boost the National Electronic Toll Collection (NETC) in the country, according to the Business Standard. . The requests are going to be handled by the National Payments Corporation of India (NPCI).

Banking 52

Banking Transportation Retail Technology 52

PYMNTS

APRIL 12, 2019

To help grow its business in India, Naspers-owned PayU has acquired U.S.-based The company is paying $70 million for the firm, which is based in Cupertino but primarily operates in India, according to reports. He added that “PayU is very bullish on India as a market.”. based Wibmo.

Leadership 43

Leadership Startups Securities Investments 43

PYMNTS

OCTOBER 19, 2018

Reports from MS Power User said Microsoft’s MileIQ unit is rolling out Spend, a business expense tracking solution for Apple mobile devices that automates data entry by linking into users’ bank accounts and cards. Purchases can be categorized as business or personal spend, while users can also add custom tags to purchases.

Healthcare 55

Healthcare B2B Communication Banking 55

PYMNTS

JULY 31, 2017

Visa , a global payments technology company serving more than 200 countries and territories, has announced two new appointments to its India and South Asia teams. “At Visa, we take pride in our people, our biggest asset,” said TR Ramachandran, Visa’s group country manager, India and South Asia.

Leadership 40

Leadership Retail Marketing Banking 40

PYMNTS

OCTOBER 9, 2018

FinTech firm ToneTag said earlier this month that it has linked with First Abu Dhabi Bank, the largest bank in the United Arab Emirates (UAE). Through the partnership between ToneTag and First Abu Dhabi Bank, customers of the bank are able to pay using their PayIt app and make the payments from their mobile phone.

Communication 60

Communication Transportation Retail B2B 60