Paytm share price falls nearly 3% after payments bank chief quits
8 months, 1 week 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 included stop on accepting fresh deposits and doing credit transactions after February 29. Paytm's UPI market share falls Paytm's unified payments interface market share dropped to 9 per cent in March.

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Paytm shares hit 52-week high; up more than 3%
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 shares rise 3% to hit 52-week high. What's driving the rally?
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
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 share price hits 52-week high today. What's driving the rally?
2 weeks, 3 days 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?
2 weeks, 4 days 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 has made a big new bet. Will it pay off?
3 weeks, 5 days 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
3 weeks, 6 days 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 weeks 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%
1 month 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 shares jump 3% today after brokerage Bernstein's update. Should you buy?
1 month 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, 13 other Nifty 500 stocks shine amid market selloff, gain up to 38% in a month
1 month ago

Paytm, 13 other Nifty 500 stocks shine amid market selloff, gain up to 38% in a month

Live Mint  

While selling pressure was seen across the market in recent weeks, a few stocks have weathered the recent correction and managed to surge, adding some gains to investors' portfolios. The company, which reported strong Q2 results in late October, saw a sharp uptick in its share price, further boosted by target price hikes from domestic brokerage firms. Another stock that …

Paytm Share Price Today on 11-11-2024: Paytm share price are down by -3.3%, Nifty down by -0.03%
1 month, 1 week 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 …

Paytm Stock Price Today: Up 2.85%, Nifty Down 0.35%
Trending News
1 month, 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%
1 month, 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's Surge: Regulatory Approval Fuels Growth Potential
2 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%
2 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
2 months, 3 weeks 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 share price rallies over 8%; jumps 120% in four months. More steam left?
3 months, 1 week ago

Paytm share price rallies over 8%; jumps 120% in four months. More steam left?

Live Mint  

Paytm share price extended rally for the second day in a row, climbing over 8% on Tuesday amid heavy buying. Paytm share price has gained more than 13% in one week and over 33% in one month. Moreover, Paytm share price is now up nearly 120% from its 52-week low of ₹310 apiece hit on May 9, 2024. So, those …

One 97 Communications share are down by -1.74%, Nifty down by -0.9%
3 months, 2 weeks ago

One 97 Communications share are down by -1.74%, Nifty down by -0.9%

Live Mint  

At 06 Sep 11:00 today, Paytm shares are trading at price ₹616.05, -1.74% 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 values for the stock are given …

Paytm shares rise over 12% today: What should investors do?
3 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
3 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 share price dips after Sebi warning, company says no impact on operations
5 months, 1 week ago

Paytm share price dips after Sebi warning, company says no impact on operations

Hindustan Times  

Paytm share price dipped almost two per cent today after the company received a warning letter from capital markets regulator Securities Exchange Board of India. Paytm shares fell as much as 1.88% to ₹460.80 apiece on BSE after One 97 Communications, the parent company of fintech major Paytm, received an administrative warning letter from Sebi with respect to related party …

Paytm share price rises 10%, up 18% this month: Top reasons why
5 months, 2 weeks ago

Paytm share price rises 10%, up 18% this month: Top reasons why

Hindustan Times  

Paytm share price rose nearly 10 per cent in intraday trade on BSE today. Paytm share price: A QR code for the Paytm digital payment system at a store in Mumbai, India. Last month, Paytm stock rose over 11 per cent and in July it has already gained over 18 per cent. Paytm's share price has fallen 53 per cent …

Goldman Sachs sells 44.20 lakh shares worth ₹183 crore in Paytm: What we know
6 months ago

Goldman Sachs sells 44.20 lakh shares worth ₹183 crore in Paytm: What we know

Hindustan Times  

Goldman Sachs Singapore Pte sold 44.20 lakh shares of One 97 Communications via block deal at a price of ₹183.44 crore. The private equity firm sold Paytm shares at ₹415.04 apiece. Goldman Sachs Singapore held 84,01,067 shares or 1.32% stake in the fintech payment platform before the block deal. Paytm shares gained after it was reported that the company is …

Paytm’s market share Continues to fall after RBI crackdown
6 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 hits 5% upper circuit for third consecutive session. Here's why
6 months, 3 weeks ago

Paytm hits 5% upper circuit for third consecutive session. Here's why

Hindustan Times  

Paytm share price: Paytm parent One97 Communications shares hit a 5 per cent upper circuit today. This comes as a block deal involving 75.20 lakh shares, representing a 1.2 per cent stake in the company, took place on the exchanges. The block deal was worth a total of ₹296.30 crore and the average floor price of the transaction was also …

Paytm Stock Surges 5%; Hits Upper Circuit For Second Consecutive Day
6 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
6 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. …

Vijay Shekhar Sharma says ‘worst behind us’, brokerages say Paytm may fall 25% more. Here's why
7 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%
7 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%
7 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?
7 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 …

Tata Consumer share price today sinks 5% after Q4 result; should you buy or not?
7 months, 4 weeks ago

Tata Consumer share price today sinks 5% after Q4 result; should you buy or not?

Hindustan Times  

Tata Consumer Products Q4 result was announced on Tuesday and today, its stock has been impacted severely. Tata Consumer Q4 announcement indicated a 22.5 per cent drop in its Q4FY24 net profit at ₹267.7 crore - in the corresponding period last year it was ₹345.6 crore. Tata Consumer share price today fell over 5 per cent on the BSE in …

Paytm's UPI market share drops to 9%, reaches lowest in four years. Is PhonePe gaining?
8 months, 2 weeks ago

Paytm's UPI market share drops to 9%, reaches lowest in four years. Is PhonePe gaining?

Hindustan Times  

One97 Communications Ltd, parent company of Paytm, witnessed a drop of nine percent in its Unified Payments Interface market share in March. Paytm's market share in February dropped to 11 per cent from January after the Reserve Bank of India barred Paytm Payments Bank Limited 's business operations. Since April 2020 when NPCI started sharing UPI apps transaction volume, this …

Stock market today| South Indian Bank share price falls 7% after Q4 business update: Details here
8 months, 3 weeks ago

Stock market today| South Indian Bank share price falls 7% after Q4 business update: Details here

Hindustan Times  

South Indian Bank share price: Shares of South Indian Bank Ltd fell today after the Thrissur-based lender announced its business update for the March quarter. South Indian Bank share price: The stock fell 7.09 per cent to hit a day low of ₹ 27.25. In March, the Reserve Bank of India asked South Indian Bank and Federal Bank to stop …

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

TCS share price down 3% after 2.2 crore shares change hands: Will it fall or recover? Should you buy or hold?
9 months ago

TCS share price down 3% after 2.2 crore shares change hands: Will it fall or recover? Should you buy or hold?

Hindustan Times  

TCS share price: TCS share price fell 3 per cent today as markets opened following reports that Tata Sons has offered to sell 2.34 crore shares of the IT major at ₹4,001 per share through block deals to raise $1.1 billion. TCS shares traded nearly 3 per cent lower at ₹4,030.65 on the National Stock Exchange and in the previous …

Paytm jumps 5% as digital payments app survives banking unit shutdown
9 months, 1 week 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?
9 months, 1 week 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?
9 months, 1 week 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, …

SoftBank’s Stake in Paytm Down to 2.83 pc
9 months, 3 weeks ago

SoftBank’s Stake in Paytm Down to 2.83 pc

Deccan Chronicle  

Chennai: Japanese investor SoftBank has divested 2.17 per cent stake worth Rs 580 crore in Paytm. With this fifth divestment in this fiscal, SoftBank’s stake in Paytm has come down to 2.83 per cent. Paytm, which has been facing regulatory hurdles, saw SoftBank divesting 1,37,84,787 equity shares in a series of disposals between January 23 and February 26, as per …

Paytm Shares Rise Over 2% As CEO Vijay Shekhar Sharma Steps Down Amidst Regulatory Scrutiny
9 months, 3 weeks ago

Paytm Shares Rise Over 2% As CEO Vijay Shekhar Sharma Steps Down Amidst Regulatory Scrutiny

ABP News  

Shares of Paytm saw a modest gain of over 2 per cent on the BSE on Tuesday, following the announcement of significant developments within the company. Vijay Shekhar Sharma, the founder and CEO of Paytm, on Monday evening took a pivotal step by resigning from his position to assist in the restructuring of the Board of Paytm Payments Bank Ltd. …

Vijay Shekhar Sharma resigns as chairman of Paytm Payments Bank; board reconstituted
9 months, 3 weeks ago

Vijay Shekhar Sharma resigns as chairman of Paytm Payments Bank; board reconstituted

Hindustan Times  

Paytm founder Vijay Shekhar Sharma has resigned as part-time non-executive Chairman of Paytm Payments Bank Limited ahead of the March 15 deadline to wind down its business. PPBL has also reconstituted its Board of Directors with the appointment of Ex-Central Bank of India Chairman Srinivasan Sridhar, retired IAS officer Debendranath Sarangi, former Executive Director of Bank of Baroda Ashok Kumar …

Paytm shares rebound after losing 50% in a month. What's next?
10 months ago

Paytm shares rebound after losing 50% in a month. What's next?

India Today  

Shares of digital payments firm Paytm have been on a winning run for the past four trading sessions, rising nearly 21 per cent after declining sharply over the past month. Paytm shares are down nearly 50 per cent in a month, following the Reserve Bank of India’s regulatory action against its associate, Paytm Payments Bank. In addition, the RBI’s recently …

Paytm Share Price Today: Hits 5% upper circuit. Will it completely recover?
10 months ago

Paytm Share Price Today: Hits 5% upper circuit. Will it completely recover?

Hindustan Times  

Paytm Share Price: Paytm shares stayed in the green with a 5 percent rise today. This comes after Paytm founder and CEO Vijay Shekhar Sharma said that its QR code and soundbox facilities will continue to work even after the March 15 deadline set by the Reserve Bank of India. Paytm Share Price: Cutlery vendor switches on Paytm, a digital …

Another blow for Paytm: Jefferies drops ratings amid challenges
10 months ago

Another blow for Paytm: Jefferies drops ratings amid challenges

Hindustan Times  

Jefferies India dropped its rating on Paytm making it the first major brokerage to drop its rating on the company after it was hit by regulatory action by the Reserve Bank of India. Merchants using Paytm QR/Soundbox linked to another bank account can continue beyond March 15, the central bank said. "Without a banking license, Paytm's business model will now …

Paytm share price hits upper circuit again today. What's driving the rally?
10 months ago

Paytm share price hits upper circuit again today. What's driving the rally?

Hindustan Times  

Paytm share price today continued its recovery. Paytm share price today: The interface of Indian payments app Paytm is seen in front of its logo displayed. Paytm share price: Axis Bank decision Paytm's parent company- One97 Communications- shifted its nodal account to Axis Bank through an escrow account. Paytm share price: RBI deadline The Reserve Bank of India extended the …

Paytm shares surge 5% as Axis Bank steps in for merchant settlements amid RBI compliance woes
10 months ago

Paytm shares surge 5% as Axis Bank steps in for merchant settlements amid RBI compliance woes

New Indian Express  

NEW DELHI: Shares of One97 Communications -- owner of the brand Paytm -- jumped 5 per cent in the morning trade on Monday after the crisis-hit fintech company's decision to collaborate with Axis Bank for the continuation of merchant settlements. In the morning trade, the 30-share BSE Sensex benchmark gained 185.81 points or 0.26 per cent to 72,612.45, while NSE …

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