2024 Review: From rock bottom to market darling – Paytm soars 220% from low, emerges as top turnaround stock
3 months ago

2024 Review: From rock bottom to market darling – Paytm soars 220% from low, emerges as top turnaround stock

Live Mint  

Some stocks exhibit a remarkable ability to bounce back after long periods of downturns, showcasing their resilience and strength. After plunging to an all-time low in May, Paytm's stock staged a stunning rally, reaching a three-year high by December. Additional positive developments supporting the stock's rebound include the Ministry of Finance’s approval for foreign direct investment in its subsidiary PPSL and the National Payments Corporation of India granting permission to resume onboarding new UPI customers. The Reserve Bank of India has yet to grant the company a payment aggregation license, which would enable it to provide third-party services for accepting and disbursing online payments—a critical area for future growth. The brokerage highlighted several growth drivers that could propel Paytm’s profitability, including a recovery in payment margins, regulatory changes, and the company's lending strategy.

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Explained: Why Paytm share price tumbled nearly 9% today
2 months ago

Explained: Why Paytm share price tumbled nearly 9% today

India Today  

Shares of One97 Communication Limited fell sharply during Friday’s trading session after media reports indicated that the fintech company and seven other payment gateways were being investigated by the Enforcement Directorate in connection with a cryptocurrency scam. The shares of the fintech company have been on a poor run, falling nearly 14% in the past five trading sessions. A few …

‘We have learnt our lessons’: Vijay Shekhar Sharma expects Paytm Payments Bank to get back into business soon
2 months ago

‘We have learnt our lessons’: Vijay Shekhar Sharma expects Paytm Payments Bank to get back into business soon

Live Mint  

Paytm founder and Chief Executive Officer Vijay Shekhar Sharma said he expects Paytm Payments Bank to get back into business again, according to a Bloomberg report. Last year, the Reserve Bank of India imposed new restrictions on Paytm Payments Bank after multiple warnings about data flows between the bank and fintech Paytm. “We’ve learnt our lessons and we’ve dramatically changed …

Paytm Q3 2025 results: Revenue falls 36%, but losses narrow by 6% as expenses drop
2 months, 1 week ago

Paytm Q3 2025 results: Revenue falls 36%, but losses narrow by 6% as expenses drop

Hindustan Times  

Paytm Q3 2025 results: One 97 Communications Ltd, the parent company of mobile payments giant Paytm, on Monday released its third quarter financial results for the financial year 2024-25. The company's revenue was ₹1,827.80 crore, which was a fall of 35.87 per cent or ₹1,022.70 crore, compared to ₹2,850.50 crore seen during the third quarter of the previous year. This …

Paytm leads India payments from disruption to monetisation: Bernstein
2 months, 2 weeks ago

Paytm leads India payments from disruption to monetisation: Bernstein

India Today  

Brokerage firm Bernstein’s latest report positions Paytm as a leading player in India’s digital payments ecosystem. Assigning the company an "Outperform" rating with a target price of Rs 1,100, the report titled, ‘India Payments: From Disruption to Monetisation – Can Payments Be Profitable?’, highlights Paytm’s ability to monetise its core payments business despite the challenges posed by the zero-MDR environment. …

Paytm shares hit 52-week high; up more than 3%
3 months, 2 weeks ago

Paytm shares hit 52-week high; up more than 3%

The Hindu  

Shares of One97 Communications, which owns the Paytm brand, on Monday jumped more than 3% on the bourses after the company approved the sale of stake in Softbank group's fintech firm PayPay Corporation. Equity markets see high volatility, Sensex falls 150 points, nifty down 37 points As the company's shares touched a 52-week high, the market valuation of Paytm rose …

Paytm share price jumps 3% to 52-week high on announcement of stake sale in PayPay Corp to SoftBank
3 months, 2 weeks ago

Paytm share price jumps 3% to 52-week high on announcement of stake sale in PayPay Corp to SoftBank

Live Mint  

Stock Market Today: Shares of One 97 Communications, parent of fintech firm Paytm, jumped over 3 per cent to a fresh 52-week high of ₹1,007 on Monday, December 9 after the company said it will sell its stake in PayPay Corporation to SoftBank. Paytm said its wholly-owned subsidiary One97 Communications Singapore Private Limited's board at a meeting held on Friday, …

Paytm shares rise 3% to hit 52-week high. What's driving the rally?
3 months, 2 weeks ago

Paytm shares rise 3% to hit 52-week high. What's driving the rally?

India Today  

Shares of Paytm,, rose 3% in early trade on Monday to hit a 52-week high. The surge came after the company announced that its wholly-owned subsidiary, One97 Communications Singapore Pvt Ltd, had sold its Stock Acquisition Rights in Japan-based PayPay Corporation to SoftBank Vision Fund 2. Paytm shares climbed 3.19% in early trade to reach Rs 1,007 on the Bombay …

Paytm shares rise above Rs 1,000 today. 3 things you need to know
Trending News
3 months, 2 weeks ago

Paytm shares rise above Rs 1,000 today. 3 things you need to know

India Today  

Paytm shares rallied over 3% on Monday, hitting a 52-week high of Rs 1,007 on the Bombay Stock Exchange. Here are three key factors propelling Paytm’s stock upward: STRATEGIC SALE Paytm’s Singapore-based unit approved the sale of its Stock Acquisition Rights in Japanese payments firm PayPay to SoftBank Vision Fund 2 for JPY 41.9 billion. PAYTM'S FINANCIAL PERFORMANCE Paytm reported …

Paytm’s Singapore arm approves stake sale in Japan’s PayPay
3 months, 2 weeks ago

Paytm’s Singapore arm approves stake sale in Japan’s PayPay

Live Mint  

Paytm's parent company, One97 Communications, on Friday, December 6, 2024, approved the sale of its stake in Japan’s credit card company PayPay Corporation. One97 Communications Singapore, a wholly-owned subsidiary of Paytm's Singapore arm, ‘Paytm Singapore’, approved the sale of its stake to the Japanese digital payments company. "We wish to clarify that we have been informed by One97 Communications Singapore …

Paytm share price hits 52-week high today. What's driving the rally?
3 months, 3 weeks ago

Paytm share price hits 52-week high today. What's driving the rally?

India Today  

Shares of One 97 Communications Ltd, Paytm’s parent company, climbed over 3.5% to hit a fresh 52-week high on Friday. The stock jumped 3.60% to hit a 52-week high of Rs 990.90 on Friday. The rally followed media reports suggesting that Paytm may sell its stake in Japan's PayPay to SoftBank for $250 million. The company posted its first-ever quarterly …

Paytm share price hits 52-week high, up 185% in 6 months: More gains ahead?
3 months, 3 weeks ago

Paytm share price hits 52-week high, up 185% in 6 months: More gains ahead?

India Today  

Shares of One97 Communications Ltd, the parent company of Paytm, hit a 52-week high during Thursday’s trading session. The stock’s recovery began after it plummeted to an all-time low of Rs 310 in May following restrictions imposed by the Reserve Bank of India on Paytm Payments Bank Ltd. For the second quarter of FY25, Paytm posted a profit after tax …

Paytm stock climbs to 13-month high as UBS raises target price, up 200% from record low
3 months, 3 weeks ago

Paytm stock climbs to 13-month high as UBS raises target price, up 200% from record low

Live Mint  

Stock Market Today: Shares of One 97 Communications, the parent company of Paytm, surged nearly 3.40% in Thursday's trade to hit a 13-month high of ₹950 apiece, bringing the stock closer to the ₹1,000 level. The stock has been drawing significant attention on Dalal Street due to several positive developments, with the latest being a target price hike by global …

Paytm Share Price Today on 27-11-2024: Paytm share price are up by 2.12%, Nifty down by -0.02%
4 months ago

Paytm Share Price Today on 27-11-2024: Paytm share price are up by 2.12%, Nifty down by -0.02%

Live Mint  

Paytm Share Price Today on 27-11-2024: At 27 Nov 11:02 today, Paytm shares are trading at price ₹905.25, 2.12% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Paytm has made a big new bet. Will it pay off?
4 months ago

Paytm has made a big new bet. Will it pay off?

Live Mint  

Since its debut on Dalal Street three years ago, Paytm has been battling several challenges. View Full Image Source: Tijorifinance Financial services The RBI's action caused Paytm’s operating model to change significantly as lenders turned cautious. View Full Image Source: Tijorifinance During Q2 FY25, 600,000 unique consumers and merchants availed of financial services through Paytm, up from 590,000 during Q1 …

Paytm Share Price Today on 26-11-2024: Paytm share price are up by 0.54%, Nifty down by -0.08%
Top News
4 months ago

Paytm Share Price Today on 26-11-2024: Paytm share price are up by 0.54%, Nifty down by -0.08%

Live Mint  

Paytm Share Price Today on 26-11-2024: At 26 Nov 11:06 today, Paytm shares are trading at price ₹897.45, 0.54% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Paytm Share Price Today on 25-11-2024: Paytm share price are down by -0.81%, Nifty up by 1.68%
4 months ago

Paytm Share Price Today on 25-11-2024: Paytm share price are down by -0.81%, Nifty up by 1.68%

Live Mint  

Paytm Share Price Today on 25-11-2024: At 25 Nov 11:11 today, Paytm shares are trading at price ₹892.75, -0.81% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Paytm Share Price Today on 22-11-2024: Paytm share price are up by 5.78%, Nifty up by 1.28%
4 months ago

Paytm Share Price Today on 22-11-2024: Paytm share price are up by 5.78%, Nifty up by 1.28%

Live Mint  

Paytm Share Price Today on 22-11-2024: At 22 Nov 12:23 today, Paytm shares are trading at price ₹894.3, 5.78% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Paytm share price climbs 6% in intra-day deals, rallies 19% over 5 consecutive sessions
4 months ago

Paytm share price climbs 6% in intra-day deals, rallies 19% over 5 consecutive sessions

Live Mint  

Stock Market Today: Shares of One97 Communications, the parent company of Paytm, surged over 6 per cent on November 22, marking the fifth consecutive trading session of gains. Bernstein estimates that this shift could contribute an additional 8 per cent to Paytm’s EPS, alongside a 25 per cent compound annual growth rate in gross merchandise value through FY30. These include …

Paytm shares jump 3% today after brokerage Bernstein's update. Should you buy?
4 months ago

Paytm shares jump 3% today after brokerage Bernstein's update. Should you buy?

India Today  

Shares of One97 Communications Limited, Paytm's parent company, gained in early trade after global brokerage Berstein's latest price target update. The update reflects growing confidence in the fintech firm’s prospects, with the global brokerage firm projecting significant earnings growth under a favourable scenario. It highlighted that Paytm’s payment margins, currently at 10 basis points due to regulatory actions, could recover …

Paytm Share Price Today on 11-11-2024: Paytm share price are down by -3.3%, Nifty down by -0.03%
4 months, 2 weeks ago

Paytm Share Price Today on 11-11-2024: Paytm share price are down by -3.3%, Nifty down by -0.03%

Live Mint  

Paytm Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Paytm shares are trading at price ₹820.15, -3.3% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

From Hyundai to Paytm: A look at India’s biggest IPOs that disappointed investors with weak listing
4 months, 3 weeks ago

From Hyundai to Paytm: A look at India’s biggest IPOs that disappointed investors with weak listing

Live Mint  

The primary market in India is abuzz with the much anticipated initial public offering of Swiggy Ltd to be launched on November 6. Many of India’s biggest IPOs, including Hyundai Motor India, Paytm and Reliance Power have resulted in losses for investors. Here’s a look at the five biggest IPOs which faced weak listings: Hyundai Motor India IPO Hyundai Motor …

Paytm Stock Price Today: Up 2.85%, Nifty Down 0.35%
Trending News
4 months, 3 weeks ago

Paytm Stock Price Today: Up 2.85%, Nifty Down 0.35%

Live Mint  

Paytm share price is up by 2.85% today, trading at ₹773.7. The stock has hit a high of ₹776.2 and a low of ₹745.25 during the day. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Paytm Stock Price Today: Up 1.36%, Nifty Down by -0.09%
4 months, 3 weeks ago

Paytm Stock Price Today: Up 1.36%, Nifty Down by -0.09%

Live Mint  

Paytm share price is up by 1.36% today, trading at ₹754.5. The stock has hit a high of ₹764.15 and a low of ₹738.3 during the day. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Paytm Soars on Strong Q2FY25 Performance, With Analysts Upgrading Ratings
5 months ago

Paytm Soars on Strong Q2FY25 Performance, With Analysts Upgrading Ratings

ABP News  

Paytm's Q2FY25 earnings show significant growth and profitability, with analysts upgrading their ratings and setting new price targets. The company's strong revenue growth, improved profitability, and approval from the National Payments Corporation of India (NPCI) to onboard new UPI users are key factors driving optimism. Paytm's positive analyst ratings reflect the company's potential for sustainable growth and long-term value creation.

Paytm's Surge: Regulatory Approval Fuels Growth Potential
5 months ago

Paytm's Surge: Regulatory Approval Fuels Growth Potential

India Today  

Paytm's share price surged over 11% today after the company received approval from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users. This development is seen as a potential turning point for Paytm's user base growth and an easing of regulatory hurdles.

Paytm Stock Price Today: Up 1.68%, Nifty Down 0.41%
5 months ago

Paytm Stock Price Today: Up 1.68%, Nifty Down 0.41%

Live Mint  

Paytm shares are trading up by 1.68% today, while the Nifty is down by -0.41%. The stock has hit a high of ₹742.15 and a low of ₹706.25 during the day, but it is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Paytm Block Deal: Shares Fall 3% After Equity Worth Rs 328 Crore Changes Hands
6 months ago

Paytm Block Deal: Shares Fall 3% After Equity Worth Rs 328 Crore Changes Hands

News 18  

One 97 Communications Ltd reportedly witnessed a significant transaction as 0.8 per cent of its equity stake was sold for approximately Rs 327.8 crore. According to a report by CNBC TV18, around 47.2 lakh Paytm shares exchanged hands at an average price of Rs 701 per share. Following this large trade, Paytm’s stock price surged, reaching Rs 713.2 on the …

Paytm shares rise over 12% today: What should investors do?
6 months, 3 weeks ago

Paytm shares rise over 12% today: What should investors do?

India Today  

Shares of One 97 Communications Ltd, the parent company of Paytm, surged over 12% during Friday's late trading session, closing at Rs 621.80. This rise comes amid important developments within the company, including the recent sale of its entertainment ticketing business to online food aggregator Zomato for Rs 2,048 crore. Analysts have largely advised investors to consider booking profits at …

Paytm shares jump 5% today. Check price targets
6 months, 3 weeks ago

Paytm shares jump 5% today. Check price targets

India Today  

Shares of One 97 Communications Ltd rose by 5% in Thursday's trading session after receiving approval for downstream investment in its wholly-owned subsidiary, Paytm Payments Services Ltd. Jefferies has kept a "Hold" rating with a target price of Rs 420, noting that if approved by the Reserve Bank of India, Paytm could onboard new online merchants. Ventura Securities has issued …

Paytm to reapply for payments aggregator licence after nod for infusion by parent
6 months, 3 weeks ago

Paytm to reapply for payments aggregator licence after nod for infusion by parent

Live Mint  

Bengaluru: Paytm Payments Services Ltd received the finance ministry’s approval for a downstream investment by its parent, making it eligible to seek a payments aggregator licence again, in some relief amid regulatory scrutiny. A payments aggregator licence will take PPSL a step closer to normalizing its business operations after a string of regulatory setbacks that halted bulk of its business. …

Paytm said to get government nod to invest in payments arm: report
8 months, 2 weeks ago

Paytm said to get government nod to invest in payments arm: report

The Hindu  

India's beleaguered Paytm has secured approval from a government panel that oversees investments linked to China to invest 500 million rupees in a key subsidiary, three sources with direct knowledge of the matter said. The approval, which still has to be vetted by the finance ministry, will remove the main stumbling block to the unit, Paytm Payment Services, resuming normal …

Paytm’s market share Continues to fall after RBI crackdown
9 months, 2 weeks ago

Paytm’s market share Continues to fall after RBI crackdown

Hindustan Times  

Paytm’s market share among India’s online payment apps, fell for a fourth straight month as the fintech pioneer struggles to recover from the Reserve Bank of India ordering its affiliate, Paytm Payments Bank to shut down, according to a Bloomberg report. Paytm Payments Bank isn’t actually controlled by Paytm, but is part of founder and CEO Vijay Shekhar Sharma’s fintech …

Paytm Stock Surges 5%; Hits Upper Circuit For Second Consecutive Day
9 months, 3 weeks ago

Paytm Stock Surges 5%; Hits Upper Circuit For Second Consecutive Day

ABP News  

Shares of One97 Communications, Paytm's parent company, surged by 5 per cent on Thursday, reaching their upper circuit limit for the second consecutive session. Nevertheless, the stock surged by 4.99 per cent, hitting its upper circuit limit of Rs 377.40 on the NSE and Rs 377.50 on the BSE. As of the end of March, Paytm founder Vijay Shekhar Sharma …

Paytm shares hit upper circuit for second straight session: What brokerages said
9 months, 3 weeks ago

Paytm shares hit upper circuit for second straight session: What brokerages said

Hindustan Times  

Paytm share price today: Shares of Paytm hit upper circuit of 5% for the second straight session today. The stock gained 4.99% to reach ₹401.55 on BSE after hitting upper circuit of 5% on May 29. The stock rose after it was reported that Adani Group chairman Gautam Adani was considering buying a stake in Paytm's parent company One97 Communications. …

Paytm, Adani Group deny talks over stake sale in fintech firm
9 months, 3 weeks ago

Paytm, Adani Group deny talks over stake sale in fintech firm

New Indian Express  

NEW DELHI: Paytm on Wednesday refuted reports stating that Adani Group chairman Gautam Adani is considering acquiring a stake in parent company One 97 Communications. Separately, an Adani group spokesperson said that they categorically deny this baseless speculation and added that “It is totally false and untrue.” Earlier, a media report stated that Asia’s second richest billionaire Gautam Adani is …

Paytm aims to cut around 20 per cent of workforce amid rising employee costs: Report
10 months ago

Paytm aims to cut around 20 per cent of workforce amid rising employee costs: Report

India TV News  

Digital payments firm Paytm is reportedly contemplating a workforce reduction of approximately 15-20 per cent in the ongoing financial year as part of its strategy to reduce employee costs. This surge likely elevated the average employee cost to an estimated Rs 10,60,000, reflecting the company's evolving financial dynamics, as per a report by the Financial Express. Paytm aims to cut …

Vijay Shekhar Sharma says ‘worst behind us’, brokerages say Paytm may fall 25% more. Here's why
10 months ago

Vijay Shekhar Sharma says ‘worst behind us’, brokerages say Paytm may fall 25% more. Here's why

Hindustan Times  

Paytm founder Vijay Shekhar Sharma told shareholders in a post-earnings call that the worst is behind the company. We also resolved to be fully compliant according to the regulators expectations in letter and spirit.” Paytm founder and CEO Vijay Shekhar Sharma during an event in Mumbai, What Paytm quarterly results showed? The quarterly results come after the Reserve Bank of …

Paytm layoffs: Company warns of job cuts as revenue falls 2.7%
10 months ago

Paytm layoffs: Company warns of job cuts as revenue falls 2.7%

Hindustan Times  

Paytm announced that there may be job cuts at the company as it plans to trim non-core assets following its first-ever decline in sales on May 22. Paytm reported Q4 results after a regulatory probe into its financial arm Paytm Payments Bank by the Reserve Bank of India In a letter to shareholders, Vijay Shekhar Sharma said, “We expect near-term …

Paytm Q4 results: Loss widens to Rs 549.60 cr, revenue falls 2.6%
10 months ago

Paytm Q4 results: Loss widens to Rs 549.60 cr, revenue falls 2.6%

Business Standard  

Digital payments firm Paytm on Wednesday reported a wider consolidated loss of Rs 549.6 crore in the fourth quarter of 2023-24, compared to Rs 168.4 crore in the same quarter last year. Net income declined by 2.6 per cent year-on-year to Rs 2,398.8 crore in Q4FY24 compared to Rs 2,464.6 crore in Q4FY23. Overall revenue for the entire FY24 rose …

Paytm share price hits upper circuit after touching 52-week low. Buy or wait?
10 months, 2 weeks ago

Paytm share price hits upper circuit after touching 52-week low. Buy or wait?

Live Mint  

Stock market today: Shares of One 97 Communications Ltd, aka Paytm, witnessed a strong rebound after touching a 52-week low in early morning sessions on Thursday. Paytm share price today opened downside and touched a 52-week low of ₹310 apiece, but the One 97 share price witnessed a strong rebound and touched an intraday high of ₹333. They said that …

Paytm share price falls nearly 3% after payments bank chief quits
11 months, 2 weeks ago

Paytm share price falls nearly 3% after payments bank chief quits

Hindustan Times  

Paytm share price: Shares of Paytm fell nearly 3 per cent today after Surinder Chawla stepped down as the Paytm Payments Bank managing director and chief executive. Paytm share price: A QR code for the Paytm digital payment system at a store in Mumbai, India. More on Paytm crisis The Reserve Bank of India imposed business restrictions on PPBL which …

Despite regulatory challenges, Paytm shares can cross ₹500, believes Motilal Oswal, sees 30% upside
1 year ago

Despite regulatory challenges, Paytm shares can cross ₹500, believes Motilal Oswal, sees 30% upside

Live Mint  

Despite facing challenges stemming from RBI's actions on the Paytm Payments Bank, domestic brokerage house Motilal Oswal remains optimistic about the fintech's prospects and sees the stock crossing ₹500 per share. Despite the company's extensive reach, Paytm's ability to mitigate the business impact will depend largely on the execution capabilities over the coming quarters, noted MOSL. Estimate EBITDA losses to …

Can Paytm’s relief rally continue?
1 year ago

Can Paytm’s relief rally continue?

Live Mint  

Shares of One 97 Communications Ltd, the parent company of Paytm, recovered from a recent low of ₹334 after it received approval from the National Payments Corporation of India on 14 March to continue its UPI business as a third-party application provider. This was more of a relief rally as the Reserve Bank of India had said clearly that its …

Paytm share price jumps 5% after hitting upper circuits for 2 days in a row; can it rise more? Here’s what experts say
1 year ago

Paytm share price jumps 5% after hitting upper circuits for 2 days in a row; can it rise more? Here’s what experts say

Live Mint  

Paytm share price continued experiencing robust momentum, surging approximately 5 per cent on the BSE, in intraday trade on Wednesday, March 20. Paytm share price opened at ₹415.60 against its previous close of ₹405.85 and rose 4.93 per cent to hit its intraday high of ₹425.85. Around 12:15 pm, the stock traded nearly 3.45 per cent up at ₹419.85, indicating …

Paytm stock gains for 4th consecutive day: Is the worst over?
1 year ago

Paytm stock gains for 4th consecutive day: Is the worst over?

Hindustan Times  

Paytm share price: Shares of One97 Communications, Paytm's parent company, extended gains for the fourth consecutive session as the stock soared over 4% intra-day basis today hitting day high of ₹425.70 on the NSE. Analysts on Paytm stock Global brokerage firm Morgan Stanley reaffirmed its ‘Equal-Weight’ rating on the stock and maintained a price target of ₹555 per share while …

Paytm jumps 5% as digital payments app survives banking unit shutdown
1 year ago

Paytm jumps 5% as digital payments app survives banking unit shutdown

The Hindu  

Shares of India's Paytm rose a stock exchange-allowed maximum of 5% on Friday, March 15, 2024, a day after it got a third-party application provider license that will allow it to offer digital payments after its banking unit ceases operations. The license, granted by the country's payments authority, came as Paytm Payments Bank will cease to operate on March 15, …

Paytm share price up 5% after NPCI grants third-party app license: Will it recover?
1 year ago

Paytm share price up 5% after NPCI grants third-party app license: Will it recover?

Hindustan Times  

Paytm Share Price today: Shares of India's Paytm rose 5%, a day after National Payments Corporation of India granted approval to Paytm's parent company One97 Communications Limited to participate in UPI services as a Third-Party Application Provider. Paytm share price today: A QR code for the Paytm digital payment system at a store in Mumbai. Paytm's stock has been hitting …

Paytm share price drops 5% ahead of Payments Bank deadline: Will fall continue?
1 year ago

Paytm share price drops 5% ahead of Payments Bank deadline: Will fall continue?

Hindustan Times  

Paytm share price: Shares of Paytm's parent company One97 Communications Ltd tanked 5 per cent, third lower circuit in as three days. This would allow customers to continue using the Paytm app for payments through unified payment interface and would help the company as Paytm Payments Bank ceases operations by March 15. Economic Times reported that four banks- Axis Bank, …

Paytm cuts ties with Paytm Payments Bank, ends inter-company pacts after RBI's crackdown
1 year ago

Paytm cuts ties with Paytm Payments Bank, ends inter-company pacts after RBI's crackdown

Hindustan Times  

Paytm's parent company One 97 Communications said in a company filing on Friday that the firm's board has decided to discontinue the inter-company pacts with its banking service Paytm Payments Bank to reduce dependencies. Paytm has cut company ties with Paytm Payments Bank Paytm Payments Bank Limited has remained under the lens of the Reserve Bank of India for a …

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