MAM
OPPO inspires people to push their limits with Finder Campaign
MUMBAI: OPPO has partnered with English actor Eddie Redmayne, rock climber Alex Honnold and technology reviewer Marques Brownlee to inspire people to continue pushing their boundaries and strive for better. Conveying the spirit to explore more possibilities, OPPO’s latest Finder Campaign salutes these explorers who have pushed themselves to achieve new heights in their respective fields.
With the aim to inspire and empower people with explorer stories to find their own X factor, like the ‘explorers’ did, OPPO’s Finder Campaign is a unique campaign that urges people take a step further to explore the ultimate with their capabilities. From the beginning, exploration has been embedded in OPPO’s DNA and the Find series signifies the spirit of exploration. Committed to offering a true premium smartphone experience to its consumers, OPPO will launch its much-awaited
premium flagship series – Find X2 series in India on 17 May 2020.
OPPO’s Find X2 has enabled the ‘Explorers to constantly create new possibilities for themselves and strive to achieve more. Earlier this year, OPPO also announced the British actor, Eddie Redmayne, as its global brand ambassador. Eddie’s deep devotion to the performing art and courage to explore more echoes with OPPO’s relentless pursuit of the perfect synergy of innovation. In his video talking about the Find X2, Eddie says, “Every time we play someone else, we find out something new about ourselves. Every time we use the Find X2, we find more.” Watch the video here.
For Alex Honnold, the famous American Rock climber, the use of OPPO Find X2, is based on an infatuation with self-improvement. The Find X2 is there for Alex as a climbing companion, for all his endeavours in reaching new heights.
OPPO Find series is the symbol of OPPO’s exploration spirit，and each product embodies OPPO's thinking of the future. Featuring the best in class display with 120 Hz refresh rate for ultimate viewing experience, an advanced image technology and ultimate charging technology with 65W SuperVOOC 2.0, OPPO’s latest flagship Find X2 series strives to bring out the best.
Brands
Reserve Bank of India cancels Paytm Payments Bank licence
Central bank cites compliance failures; curbs tighten as wind-up looms
MUMBAI: India’s banking watchdog delivered its sharpest blow yet to Paytm Payments Bank, cancelling its licence and effectively ending its ability to operate as a bank under the law.
The Reserve Bank of India said the entity can no longer conduct banking business under the Banking Regulation Act, citing concerns that its affairs were not being run in the interest of depositors or the public and that it had failed to meet licence conditions.
The move escalates a crackdown that has been building for months. The bank had already been barred from onboarding new customers since March 11, 2022, and later faced restrictions on deposits, credit and wallet top-ups. In January 2024, the central bank ordered it to stop accepting fresh deposits, pointing to persistent non-compliance, including lapses in customer due diligence, use of funds and technology systems.
Operationally, the bank is now on a tight leash. It may process withdrawals of existing deposits and facilitate loan referrals through banking correspondents, but it cannot take fresh deposits.
The central bank said it would apply to the high court to wind up the bank.
Paytm sought to ringfence the fallout. In a regulatory filing, it said the licence cancellation applies to Paytm Payments Bank Limited, a separate entity, and should not be attributed to One 97 Communications. It added that there is no exposure or material business arrangement with the bank and that it operates independently, without Paytm’s board or management involvement.
“As informed earlier, Paytm (One 97 Communications Limited) and its services, which have been operating without interruption, will continue to operate uninterrupted. These include the Paytm app, Paytm UPI, Paytm Gold and all other services offered by its subsidiaries and associated companies,” the company said.
The distinction may reassure users of the app ecosystem, but the regulator’s verdict is unequivocal. After years of warnings, caps and curbs, the payments bank experiment at Paytm is being shut down—decisively, and with little room left to manoeuvre.
