CURRENT AFFAIRS

Detailed explanation-1: -This partnership will enable Jana Small Finance Bank bank to extend our All-in-one EDC machines to existing and potential customers, providing a one-stop solution for all their digital payment needs.

Detailed explanation-2: -HDFC Bank will be the payment partner, while Paytm will be the distribution and software partner. Additionally, Paytm and HDFC Bank will jointly launch a co-branded PoS product in the retail segment, which Paytm will have the option to offer to its own customer base.

Detailed explanation-3: -Paytm Partners with Piramal Finance to Offer Loans to Merchants and Small Businesses of India.

Detailed explanation-4: -Our associate Paytm Payments Bank Limited (PPBL) has got the final approval from Reserve Bank of India (RBI) to operate as Bharat Bill Payment Operating Unit (BBPOU) under the Payment and Settlement Systems Act, 2007.

Detailed explanation-5: -Our associate Paytm Payments Bank has received the Reserve Bank of India’s approval to appoint veteran banker Mr. Surinder Chawla as its new Managing Director (MD) and Chief Executive Officer (CEO). The appointment has been approved by the Reserve Bank of India for a period of three years. Mr.