Paytm shares rebound in intraday trade, Motilal Oswal sees 30% upside
Paytm saw its worse after the Reserve Bank of India (RBI) put a ban over the operations of its payment bank services.
Paytm saw its worse after the Reserve Bank of India (RBI) put a ban over the operations of its payment bank services.
The service also has features like 'Most Selected by Females' Tag.
Paytm had said that the customers can continue to use FASTag to pay at enabled toll and parking merchants up to the available balance in their wallet.
As the Reserve Bank of India’s (RBI) deadline to ban Paytm Payments Bank Limited (PPBL) ends on Friday, here are key changes for millions of Paytm users and merchants that will come into force.
In light of recent inquiries and speculations concerning Paytm's availability as a payment method on service providers including Uber, Swiggy, Zomato and other platforms, Paytm has come forward to address and clarify the situation for its users and stakeholders.
Jefferies Financial Group Inc has dropped coverage on Paytm-operator One 97 Communications Ltd until the news flow around the struggling Indian fintech major “settles down”.
The company issued a release stating that One97 Communications has shifted its nodal account to Axis Bank via an escrow account that it has opened with it.
For the FASTag issued by Paytm Payments Bank, users can continue to use your FASTag to pay toll upto the available balance.
The Reserve Bank of India has further extended the date to stop all transactions for Paytm Payments Bank till March 15 on Friday.
This is the first instance since its listing that the stock has fallen below the Rs 400 threshold.