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 ...
Shares of Paytm plunged 10% on Monday, the third consecutive session of declines, touching an all-time low of 438.35 Indian rupees (or $5.28) after the RBI’s clampdown last week looks to have had a ...
Vijay Shekhar Sharma, founder and majority owner of Paytm Payments Bank, has stepped down from the board of the troubled unit days after the Indian regulator signaled continuity at the financial firm ...
Paytm, a digital payments company in India, is gearing up for a potential revival of its banking arm, Paytm Payments Bank. The unit faced a significant setback last year when the Reserve Bank of India ...
Fintech giant Paytm is scaling down its focus on small-ticket loans of less than INR 50K, which predominantly comprise its postpaid loan business. “While we’ll continue to do postpaid, and it may not ...
One97 Communications, the parent of fintech company Paytm which reported its third consecutive profitable quarter, expects near-term Ebitda to be hit following the expiry of an incentive to develop ...
Digital payments major PhonePe has filed its draft red herring prospectus (DRHP) to raise capital from the primary markets. While the PhonePe IPO timeline, issue size and other key details are yet to ...