{"id":849569,"date":"2024-08-29T10:56:54","date_gmt":"2024-08-29T05:26:54","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=849569"},"modified":"2024-08-29T10:58:32","modified_gmt":"2024-08-29T05:28:32","slug":"paytm-gets-finance-ministry-nod-for-downstream-investment-in-paytm-payments-services","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/29\/paytm-gets-finance-ministry-nod-for-downstream-investment-in-paytm-payments-services\/","title":{"rendered":"Paytm gets Finance Ministry nod for \u2018downstream investment\u2019 in Paytm Payments Services"},"content":{"rendered":"<p>One 97 Communications, the parent company of Paytm, on Wednesday announced that it has received approval from the Ministry of Finance to invest in its wholly owned subsidiary, Paytm Payments Services Limited (PPSL). With this approval in place, PPSL will proceed to resubmit application for its payment aggregator license. <\/p>\n<p>In a regulatory filing, Paytm said, \u201cWe would like to inform you that PPSL has received approval from the Government of India, Ministry of Finance, Department of Financial Services, vide its letter dated August 27, 2024, for downstream investment from the Company into PPSL. With this approval in place, PPSL will proceed to resubmit its PA application.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One 97 Communications, the parent company of Paytm, on Wednesday announced that it has received approval from the Ministry of Finance to invest in its wholly owned subsidiary, Paytm Payments Services Limited (PPSL). With this approval in place, PPSL will proceed to resubmit application for its payment aggregator license. In a regulatory filing, Paytm said, \u201cWe would like to inform you that PPSL has received approval from the Government of India, Ministry of Finance, Department of Financial Services, vide its letter dated August 27, 2024, for downstream investment from the Company into PPSL. With this approval in place, PPSL will [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-849569","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=849569"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849569\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=849569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=849569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=849569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}