India’s central bank has extended the deadline for some business restrictions on Paytm’s Payments Bank to March 15 in “larger public interest,” dashing hopes of any major concessions but allowing ...
Paytm narrowed its net loss by 6% on a YoY basis to INR 208.5 Cr in the quarter ending December 2024 (Q3 FY25), but revenue from operations declined by 36% The fintech giant has consistently reduced ...
On May 8, 2024 Paytm’s share price hit a nadir of 317.45 Indian rupees (INR), equivalent to US$3.80. The Indian fintech giant’s stock has fallen about 54% in value over the past year and 79% since its ...
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Paytm shares: Bernstein sees 38% rise; says PhonePe leads in users, lags on profitability
Bernstein’s recent report on the digital payments sector highlights the comparison between IPO-bound PhonePe and its listed peer One 97 Communications Ltd (Paytm), focusing on areas such as scale, ...
Shares of Paytm fell another 20% Friday before hitting the lower circuit that temporarily halts trading as the Indian financial services firm reels from the clampdown by the central bank. Paytm fell ...
BENGALURU, Feb 1 (Reuters) - The Reserve Bank of India (RBI) has ordered the payments bank subsidiary of Paytm (PAYT.NS), opens new tab to stop accepting fresh deposits in its accounts or popular ...
BENGALURU, Feb 13 (Reuters) - Paytm's shares (PAYT.NS), opens new tab dropped 10% to a new record low on Tuesday, after brokerage Macquarie said the Indian payments firm faces "an arduous task" to ...
The equity shares of One 97 Communications, the parent company of Paytm, crashed 10% on Friday, resuming its downward trend, amid heavy selling pressure. Paytm shares declined as much as 9.99% to ...
One 97 Communications, the parent firm of Paytm, has received a compounding order from the Reserve Bank of India (RBI) for breaches under the Foreign Exchange Management Act (FEMA) concerning past ...
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