The Rise and Fall of Paytm | Between the Lines with Palki Sharma

The Rise and Fall of Paytm | Between the Lines with Palki Sharma
Paytm was once India’s most celebrated unicorn. It was a household name and necessity. But things have unravelled for the fintech giant in the last few years. A recent crackdown by the RBI suggests that more trouble is lurking for the startup. So how did Paytm grow so big? What led to its fall? Palki Sharma tells you on Between the Lines.
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India | Paytm | Reserve Bank of India | RBI | Firstpost | World News | Latest News | Global News | International News | Trending News
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[@Firstpost]

Did Paytm grow by flouting rules? Comment below and join the conversation.

[@Ismael_Zambada_Fan]

Another Indian financial company has collapsed. India needs to be save. GDP Per Capita: Maldives: 17k Indian: 2k Average Lifespan, better health care, better doctors, better surgeons. Maldives: 80 years old Indian: 69 years old

[@Ismael_Zambada_Fan]

The Maldives stands out with its superior healthcare system and proficient doctors than India, contributing to an impressive average life expectancy that exceeds India's by a decade. It's a commendable accomplishment for the Maldivian people.

[@Ismael_Zambada_Fan]

Before you try to respond to my comment above regarding Indian healthcare and doctors, Answer this question first. If India "claims" to have good doctors and is the world's pharmacy, How did India's no oxygen, no hospital, no medicine crisis occur in 2021?

[@Indian_Girl_Aarini_213]

@@Ismael_Zambada_Fan It is painful to see Indian sick and mourning their deads. It really hurts my heart. As soon as lndia started the massive open cremitoriam, China's sateIIites from space were able to pick it up right away. That's how big it was, you could see the fires burning millions of bodies 1,000 km+ all the way up from sun synchronous orbit for 15 months straight. India's indoor facilities were overwhelmed that is why they have to burn the bodies outside and even that wasnt enough as weeks later, you start seeing them floating in the river, India couldn't hide it anymore. everything was exposed

[@Ashikaga-Tadayoshi]

Under CCP Winnie's regime, the colonization of islands like the Maldives, turning them into "Chindives," comes with the ominous shadow of halted democracy. With no more elections in sight for the next few years, the voice of the people grows faint against the backdrop of foreign domination. As the once vibrant democratic process fades into the background, the future of the Maldives hangs precariously in the balance, held captive by the grip of external powers and the whims of authoritarian rule.

[@joychaudhuri8782]

That's why I admire Palki Sharma so much. The news her channel delivers is accurate, crisp and contains no lather. Great job, P.S.!!

[@yjk5430]

LOL! Ant Financial was smacked down for scheming the same. But Wuhan Virus Palki lauded Jack Ma as the anti-CCP hero.

[@cass6885]

Palki Sharma is brilliant.

[@user-ln2vf8oe2l]

Absolutely she is superb

[@yjk5430]

@@user-ln2vf8oe2l Superbly bias.

[@yjk5430]

@@cass6885 Brilliantly hypocritical.

[@raghuveerdendukuri1762]

Innovation is required but staying transparent to the regulator and compliant uo the guidelines is paramount overall in the longrun.

[@altmosetz_01]

Rare is the business esp big ones that work on full transparency , rules & ethics. To survive & thrive rules are a guideline but not a definitive . Rules have elasticity & can be flexed to suit convenience . Often it's the political muscle helping businesses bend rules or stay of its ambit .

[@user-yo8iv4pk5y]

India wants Modi be voted out with entire BJP because he failed to handle inflation, unemployment, corruption, education, drugs business, taxes, illegal and anti-People policies. People are fed up.

[@LaxmannDhotre]

​@@user-yo8iv4pk5y okay congress bot

[@Shubham7C]

"The law catches up no matter how big you are"

[@manjunathnr4624]

😂you are a Dumbo for believing it😅😂

[@manhoosnick]

Maybe in India, not here in Pakistan for rich people and army

[@Johnwasborn]

@@manhoosnick ain’t no way wtf is going on in Pakistan 💀

[@manhoosnick]

@@Johnwasborn it is total bs bro, the rich and their corrupt dogs are rigging the elections, everyone wants Imran Khan but its just so corrupted, even if Imran Khan is back, things will take a very long time to change.

[@altmosetz_01]

The law catches up if you step on political toes. Rules & systems have a tendency to be blind while all is good between businesses / people & the Political set up

[@PranavanandaChintalapudi]

Palki mam, one of kind researcher you are. It's very informative. "RIP PAYTM" This is a big lesson to everyone-please don't mess with the regulations and don't take them for granted.

[@lol311]

It's done by Khangressi RBI. They are still controlled by Manmohan ❤du.

[@007JRA]

she is a teacher

[@vedanthanda5163]

What a beautiful narrative by Palki Sharma. Its like watching and listening to crisp and precise bedtime stories 🙌🏻👍

[@anupnair7465]

Her English is so nice wish I speak like her with confidence

[@GururajBN]

The technocrats and entrepreneurs generally have a disdainful attitude towards law. Besides Paytm, Byju’s is another such example. Investors bring a lot of pressure for quick returns on their investments. Add to that the habit of stepping on too many toes. Many smaller startups are also making the same mistake.

[@sunilamaranth5606]

very true. Same happened with bharat pe while ashneer grover was heading it. Usually they disrupt the business system but they have a false feeling they have disrupted the human kind. Many are rebel kind and the attitude towards formal procedure is very negative.

[@dhirajgupta7435]

Human greed and brag right is unlimited.

[@manum5742]

it was purposefully crashed

[@skolarii]

regulatory compliance is not a question of ifs and buts, it's simply mandatory. i don't understand why a giant like PayTM is unable to comply.

[@remixzone_]

Your question have it's ans. It's a giant and it was first so it did many ignorance of laws , even didn't done kyc or other stuffs truly! You you ask i have proofs for aforesaid !

[@jitx2797]

Why would they do that??? Were they thinking that this time too they will be given warnjng and nothing will happen??​@@remixzone_

[@christiancliech299]

China owns 10% of Paytm

[@altmosetz_01]

Coz nothing is straight & perfect if businesses have to grow. Rules are flexed & political machinery oiled , else get stepped on or business strangulated

[@abhinavgarg6988]

If it would have complied then it would not have been the giant. Do you think other banks could not have done what Paytm did? They didn’t do it because of the laws and compliances. Remember the global economy meltdown? It was due to people not following regulations and making a mockery of laws.

[@halvincarris]

Palki - "The law catches up no matter how big you are" Meanwhile, Adani, Mallya and Nirav - LOL 😂

[@iamrhk4071]

Why adani

[@itsmesagar3]

Thanks Palki Ji for a short and yet detailed video of the PayTM saga. The way you presented the entire chain of events was simply superb.

[@anshuman7190]

Palki ma'am is simply the best. Her news coverage is one of the best in India.

[@JKSelama]

When Ant Financial was smacked down for trying to do the same as Paytm, Wuhan Virus Palki praised Jack Ma as the anti-China hero. Best coverage? It sure depends on whether she likes the country or not.

[@saiservr]

A very beautiful report. Well detailed. Yes such clear reports are necessary to know the company for investment

[@obrienwejuli4804]

Sharma I love the way you put in a lot of serious research in your presentation and how educating it is for world and especially the developing countries in Africa of which i would recommend special advice to them great please keep up the good work

[@altmosetz_01]

It's rude to address anybody by their surname. That's like calling out their whole family

[@Arsalan_2210]

Thank you for giving us a clear picture in such a short video format. Love the detailed information. Thanks to Palki Sharma and FirstPost

[@MrAppihappy]

Palki is the clearest and therefore the Best Reporter on our Globe😊

[@xmkl38]

Not on BJP 's incompetencies and failures. 😂

[@sandeepb9397]

stut up .. that her job. You stop starrjng her face and focus on the news . Its all hidden lust in you that is speaking

[@manhoosnick]

​@@sandeepb9397 we need a deepfake of hers

[@user-dm7ol7ch1f]

First Post👍🏻. Precise content in short time.... that's i like it ....bcz no body want bullshit like other tv anchors who waste our time to repeat a single statement with hours and hours.

[@Indian_Girl_Aarini_213]

Thanks for covering this important issue. As a proud Indian🇮🇳, I really love ♥ and have a lot of respect for the incredible work of Palki's highly captivating story regarding *How British looted 45 trillion from India* which unquestionably stands as a masterpiece of the highest quality. The content of the reporting is truly inspiring, and I thoroughly enjoyed watching it. The dedication, talent and hard work poured into the video are greatly appreciated by many. The Indian Union Public Service Commission has delivered a remarkable report titled संघ लोक सेवा आयोग *How Britishers killed 1.8 billion Indians. Chronology of British Raj's exploitative policies* | UPSC," is equally astounding. The Indian government consistently produces insightful and thought-provoking articles of the utmost caliber, and I sincerely hope they continue to produce such interesting exceptional work. Can it even get better than that? It should deserve an award for best report of the year. Thanks for telling the truth. Your show was really entertaining. I adore your passion

[@PraneeI]

For those who havent read the Indian government's Commission's report on how 1.8 billion Indians were unalived by the British Here is a short summary

[@PraneeI]

First, it was done over a very long period of 200+ years. Not all in one go. And it was the British policies and laws implemented that killed 1.8 billion Indians, not that they were executed

[@PraneeI]

The two main policies that wiped out 1.8 billion Indians are: 1: Allocation of food: Since the British were at war all the time, they didn't have people to do the farming. They made India do agriculture and then take it away. causing a massive famine every week. 2: Plundering of India's natural resources The British forced Indians to mine all the natural minerals in their country and carry them to the ports to be shipped back to England every day. extremely dangerous jobs, and these poor Indians weren't fed, and hundreds of millions succumbed to the exhaustion. The whole of India was ruled by only a handful of Britishers. Why India chose to never fight back baffles many to this day. Maybe India is just obedient by nature.

[@PraneeI]

India holds the largest surrender record in world history with a billion of them surrendering to 300 British sailors for 211 years.

[@PraneeI]

Drawing upon my expertise in the behaviors and nesting habits of Indians, I can definitively state that Indians did not resist the invaders; instead, the invaders, including the British and various others, eventually withdrew when there is nothing left but a population of one billion Indians grappling with poverty and illiteracy-a challenging situation that nobody was eager to tackle.

[@sinatra7407]

What j like about this channel is that reporting is kept short, so it's easy to watch and update your knowledge.

[@cass6885]

Thank you Palki Sharma for explaining this so lucidly as all ways.(1) Too much borrowing "does not matter how big you are".( Not fixing the problems on day to day basis), RBI did ample warning, Mr Vijay Shekhar Sharma must be out his dept or surrounded by lousey advises.Now Mr Vijay Shekhar Sharma has to carry the bucket, no one else to blame for his downfall.

[@Mayor1248]

PLEASE ADVISE . I was told to spread my savings across different things like stocks and bonds to protect my retirement.with the everything being shaky,I'm considering going into Trade.?

[@janejane386]

I HAVE INCURRED SO MUCH LOSS TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL TRADE IS MANIPULATED.

[@maureen...]

I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.

[@maureen...]

Kate Floretta Face book

[@maureen...]

She Trade for Celebrities & could Mentor you.

[@vincentstewart1843]

you must have these things in mind 1. Have a long term mindset. 2. Be willing to take *risk*. 3. Be careful, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with an assistant.

[@sagarkumarsah1596]

Thank u ma'am😊 for your precise and crisp explanation. I heard the news headlines but didn't know about Paytm clearly.

[@sandeepsahu3619]

Everything narrated well in just 10 minutes. Thank you Palki ma'am.

[@user-oi9sr4is5r]

THANK YOU MADAM. Even though I make payment only through cash or through DEBIT CARD, YOUR EXPLAINATION IS CERTAINLY VERY CLEAR AND PRECISE, summing up the whole history of PAYTM and it's fall. THANK YOU AGAIN PALKI MADAM.

[@Vinculum.1691]

Ms PS you give us a clear picture . Thank you 🙏

[@anthonyjames7715]

👍 Super , very informative news. All hats to your way of telling news. All admiration from millions of your fans.🙋‍♂️👍❤️🙏❤️God bless you madam.

[@Akshay-tq6zk]

Fantastic reporting as always.

[@ShrivastavaRaveesh]

Vijay Shekhar is a very humble man, the innovation he started in India changed lives. He is not a fraud like Mallya or Neerav Modi, the app might have loop holes etc. but even Scamsters transfer money in known banks like SBI. ICIC etc. I hope Paytm gets serious and gets KYC in place and stars again, millions of lives depend on the transactions, I hope paytm revives.

[@user-sn3ch4mt4i]

This should be made a mandatory case study for every level of officialdom in the RBI and every bank under it's regulatory purview. There are lessons worth learning in here. A great report even though the suspects involved in the suspected cybercrimes, corruptions and money launderings were never mentioned. Not once.

[@ANKESH-c-Civilians]

Tnq so much ❤

[@abhishes]

Great Analysis

[@ramaraocheepi7847]

Patym has been phenomenal in surging economy. But it's regulatory macihenism failed to comply with RBi regulatory is not appreciated. So it's Presentcontoversy.palkiji analysed wonderfully

[@eliudkimonjo6623]

come for mpesa in Kenya

[@geethakrishnafilmschools7901]

Good narration about Paytm 😊Palki Sharma Upadhyay 👍

[@padmananban]

I am one of thousands adoring Palki Sharma's world news presentation. best of luck.

[@gouthamsingh1595]

Salute to U and family of Ur media team palki Sharma , for sharing the truth .❤ from India

[@aryamansingh8278]

Quite an interesting story.

[@ukuk179]

Excellent summary & easy to follow

[@welsunsig6715]

Skiiiiiyaaaaaa!

[@Hey_nobie]

Woooow this was my 1st video watching ❤🎉 really it's great source of information

[@Nivichaskar]

Informative video. Superb Palaki ✌🏻

[@BlackBilauta]

always a delight to listen to Palki.

[@shadabfariduddin6784]

Good, informative. 🎉🎉🎉

[@mathsis9963]

My and mine fathers favorite journalist ! Just love ur work !

[@liuxian558]

The timing of RBI ban & Jio finance's coming up is just a "coincidence"

[@YouCantHandleTheTruth.]

The reality is when you don't have enough money to keep up, you go belly up, what I actually mean to say is when citizens do not have funds to stock up as cash to pay, plain and simple. But Palkee is still -peddling- parroting this fantasy to all Indians that India is still the number economy.

[@jaydev9519]

No one is bigger than law , however bigger jiant they are but cyber security and money laundering are the concerns who can't ignored. I think RBI taken a right step and they even warn Paytm but they ignored it, so now they have to face the consequences.

[@Dandan2nd]

Looks like a game of the throne.same as big bazaar wiped out overnight.

[@altmosetz_01]

Quite possible

[@LORENA-wq3vm]

I wondered what happened to you!!! I’m soooo happy that I heard your voice… now I’m a new subscriber on your new channel. Congratulations….

[@boypillay5270]

Take it easy. Please see if you can get a waiting list number first. So many are already in the queue. Overseas viewers too.Cannot help it. This lady is too good to be true. Very beautiful and highly knowledgeable. Every presentation is a maximum of 10 minutes . Precise and concise.

[@AnilHS71]

As always, clear and consice reporting. One request: please quote the numbers consistently, between "millions", "crores", "dollars", "rupees" and so on; it really gets confusing.

[@sshivash]

Very good point.

[@ajayk3571]

The Best Content by Madam Palki Sharma.

[@user-jk1uj3hv4q]

thanks

[@stephenmathews7489]

Crisp and comprehensive narration of the PayTM saga

[@glennlopez6772]

Which other mobile apps with wallet are safe?

[@rufuswillis5102]

Palki ma'am, you are the best news reporter 🙏

[@RG-ql6jp]

Kyc.....is it really a dysfunction....how many are really verified? Aren't banks just doing a formality by collecting documents..and information ..which eventually leaks. ?

[@basrurdilip8035]

Thanks Palki for a great presentation. Could you please ask your production team to tone down the harsh techno music at the start and end ? Its jarring on the ears.

[@Pantomathh]

transparency is the key..

[@BadalKumar-pi7ud]

Thank you Palki

[@josephleyva7471]

Thank you Palki. Shalom

[@amitavotta]

What is important to understand is if RBI has published definite rules and regulations for startups? After all, we don't want to derail the startup eco system in India . Even Narendra Modi supported the Paytm firm during Covid times to go digital and hence Govt must also intervene and help Paytm.

[@cyphermoney]

why its paytm fault they are not following the rules of banking system its not about startup its about paytm payments bank which comes under banking regulation

[@dilipdeshmukh8619]

Very good information, the general people don't know

[@sanandn.r7889]

True

[@nagababuperumalla]

Thanks!

[@simran_shriya]

Absolutely agreed - "took rulebook for granted".... well that's not a 'thing' anyone should do!

[@dhirajgupta7435]

The bigger question is why paytm became corrupt, allowed money laundering etc. and didnt follow the rule of the land. Was it deliberate, forced or inspired by its Chinese partners. There must be deeper investigation by the government of Indian.

[@zdeenrdeen3278]

Is it just because Chinese investors the government want to kill it, before it grow massive like alipay? Almost all foreign invested closed some reason like ford, IBM so on so forth

[@muralikf]

Papa ka ashirvad hi tho kaun lega action..ab bhi jyada kuch hoga nhi. In ke raaz me businessmen ko choot hai loot ne ka bhag ne ka chuna laga ne ka ..

[@meghnadwarrier1227]

very informative video. well done and keep making such informative video.

[@dockalra]

Nice review thank you

[@user-vb7zq9cw7i]

Madam now you have clarified it all. But the moot point is what happens to millions of users who have their bank accounts linked to make payments..?Whether it will be affected or not?Can u pl do another video to clarify these concerns?

[@user-sn3ch4mt4i]

Ok, EOD Balance is necessary to show if a business is earning enough or spending too much, correct?

[@gopinathanv389]

Excellent collation by Palki 🎉🎉 about Paytm

[@skumarpawar9410]

Good information ! Can paytm be grown up again.

[@apsatheesh6477]

Paytm password reset or change option in 2015 16 duration is main problem why people choose other digital payment apps

[@toshibaanand]

READ BETWEEN THE LINES...it is so clear. It's not the regulatory rules but concerns/money raised/paid by other competitors made brought paytm to this level. It is sad.

[@manbeh4u]

PayTM I know was sure was serious about KYC, they'd followed to get it done with many i know of. Wondering how n why a basic like that wasnt followed despite repeatedly warnings !! Govt of India was always up for startups n digital payments, including the PM.

[@baratbushan8230]

Nice post

[@raihan652]

Palki ma'am never ceases to amaze us with vital information about the present

[@MsHarrycool]

It took the rule book for granted and that proved to be its undoing....

[@perfectidle4824]

Do we need an investigation into the activities of RBI & SEBI? Are regulators infallible? Are regulators free from corruption?

[@rbs8091]

Kya kha rahey ho? Khangress ka maal?

[@ratnesh.universe]

Palki Sharma is the best journalist in recent times to bring the truth to the masses... Grassroot level realities exposed and common middle class people can get the insights of scams being performed by so called new age founders

[@swamivedantanandapuri1322]

Pranaam🙏🙏🙏🙏🙏🙏🙏🙏🙏

[@1pasupaty]

Lot has been said but these innovative giants need to comply with rules and feel the rbi transparent. Having said that u personally need to enforce bigger fines on these fintechs and let them run but if they fail to do so then game over

[@Simant-jb9lm]

Thank you palki

[@pmh1406]

Same as byjus but still will close of paytm bank will bring huge loss to him cuz still upi transactions will benifit him right ?

[@tariqramadan1521]

Omg how this happened

[@RK-rz5dv]

RBI: Paytm mat karo😂😂

[@bizsmartworld6137]

Same style, Same concerns. Chinese CCP blocked Alibaba 's Finance IPO & Crackdown 😮

[@user-tq9dh5on1x]

Very good analysis about ptm

[@shushmalily603]

Your the true inspiration for many journalist

[@SivaAbhilash]

power star palki sharma in & as... same beautiful voice... unbeaten charishma with breaking news

[@priyabratapradhan000]

Beautiful❤presentation 😘

[@Martin_Priesthood]

Abnormal growth always ends up in collapse. .

[@-rate6326]

It wasn't abnormal growth. Stop making self pleasing argument

[@Xmarty_boy01]

Respected Palki Sharma ! We love you ❤❤❤

[@KhushVibes]

Best content on YT by Palki #khushvibes

[@ysa246]

Looking awesome♥️

[@user-dy3pe9hh7j]

wow between the lines ❤❤

[@RakeshKumar-hi6qz]

Very informative 👏

[@user-sn3ch4mt4i]

No seperation between the banks and the other entities seems to imply that paytm was operating like a traditional Indian joint family in which the pursestring was held by the matronly grandmother. A clear separation of finances, operations, official hierachy etc must have been what was missing from paytm. In such a situation it must have been impossible to tell who was earning how much, which enrity was bleeding money, who was keeping track of all the goung ons, who prepared the budgets etc. All right, points understood in a way. Let's hear some more...

[@technews4kannada]

Best video ever seen , RIP PayTm

[@JrKnM5592]

Good lesson to the greedy n malpractice person without compliance with the rules

[@tdbhavsar]

Any business person can tell you paytm story in 2018. They were not even asking for aadhar card and blindly open accojnt just on name. It was so relaxed that sometime beneficary get suspecious of why its so easy and now we know why.

[@sajujrnair8471]

Good condition

[@RA-oi4ml]

Speak the truth