While Paytm News Today

While Paytm does not own any shares in Pai Platforms, the PaiPai app has been developed by the fintech majors parent entity One97 Communications

Paytm saw its Android app downloads decline to 68,391 on February 3, a whopping 24 per cent decline week-on-week.

Shares of One97 Communications Ltd (OCL/(Paytm) hit lower band of 20% during morning trading Thursday at Rs609 on NSE following action by Reserve Bank of India (RBI) against Paytm Payments Bank Ltd, an associate of OCL

Big4 company Deloitte has been mandated by the investors of Groyyo — Tiger Global and Alpha Wave Global — to ‘work with the startup and take a closer look at its trading business. This and more in todays ETtech Morning Dispatch.

The Reserve Bank of India (RBI) has increased the daily transaction limit of UPI Lite to INR 500 from INR 200.

BofA Securities believes that there is space for 2-3 new players in Soundbox market and Paytm will continue to have first mover advantage

Paytm share price: Citi said Paytm has several profitability tailwinds. It said digital payments continue to see robust growth, adding that there is significant headroom for increase in penetration of lending products.

One 97 Communications - Paytm - BUY - Management expects positive FCF generation in 12-18 months; no onerous outcome of regulatory observations - ICICI Securities.

Read Latest Technology News Quickly Here | While Paytm, the third ranking payment app wants market capping to be implemented as per the timeline (December 2022), market leaders Walmart-owned PhonePe as well as Google Pay had independently approached UPI regulator National Payments Corporation of India (NPCI) for an extension of the deadline by at least three more years.

While Paytm had been the most hyped and anticipated listings of the year, it turned out to be quite a debacle on the D-day. MapmyIndia on the other hand had a relatively low-key build-up to its IPO but turned out to be a hit with the investors, ...