00:00 Paytm's parent company 197 communications has been hit by the sword of Chutney once again.
00:07 A report claims that 197 communications can fire employees from several departments on the basis of annual performance review.
00:16 Paytm has been in crisis for about a month and a half and the Reserve Bank of India has banned Paytm Payments Bank.
00:24 According to a report, people can be fired from the company on the basis of annual performance review from different departments of Paytm.
00:32 It is not known how many people will be fired, but some department managers have been told to reduce the size of the team by 20%.
00:42 According to reports, the process of firing had started two weeks ago.
00:46 Paytm's spokesperson said on the news of Chutney that it is time for appraisal and there is a possibility of firing.
00:52 They say that it should not be named Chutney because every company has annual performance review and Chutney will be on the basis of performance in Paytm.
01:01 Although no information has been given about any kind of numbers from Paytm.
01:06 According to Paytm employees, the management has asked to restructure and has also given orders to reduce the team size.
01:13 One by one, information is being given about going to work from HR.
01:17 On the other hand, there is a big news about their UPI transaction from Paytm.
01:22 Paytm has partnered with SBI for its UPI transaction process.
01:26 Earlier, Paytm Payments Bank was dependent on Paytm Payments Bank for its UPI transactions.
01:31 But now, after the PPBL deadline is approaching, news of partnership with SBI is coming from Paytm.
01:40 NPCI can approve a third-party application license provider for Paytm by March 15, which is officially known as 197 communication.
01:49 Now let's tell you which service of Paytm is going to be closed after March 15.
01:54 First, after March 15, users will not be able to top up their Paytm Payments Bank account, Fastag or wallet.
02:01 This service will be closed after March 15.
02:04 After March 15, users will not be able to make any payment on Paytm Payments Bank.
02:10 If users are getting salary or any money benefit on Paytm Payments Bank, they will not get this benefit after March 15.
02:17 After March 15, the balance in Paytm Fastag cannot be transferred to another Fastag.
02:23 No money will be transferred to Paytm Payments Bank account through UPI or IMPS.
02:29 So, tomorrow is March 15, which is a big day for Paytm.
02:33 Because Paytm Payments Bank will be closed on many services.
02:38 Fastag and UPI will be impacted.
02:40 But if your UPI is attached to another bank, you will not have any problem.
02:45 You can use UPI services.
02:47 NHOI has updated the list of banks for Fastag.
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