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Earlier this evening, the RBI extended the deadline for Paytm Payments Bank Ltd (PPBL) to March 15 from February 29 from stop accepting fresh deposits and do credit transactions. However, the central bank said customers and merchants of Paytm Payments Bank to shift their accounts to other banks by March 15.
Global broking firm Macquarie, which has shared a love-hate relationship with Paytm stock, has downgraded the new-age stock to underperform with a target price going as low as Rs 275.
Paytm continues to lead in mobile payments innovation and the company is eager to enhance service offerings through partnerships with various banks, the spokesperson said.
Overnight rains, on Feb. 12, 2024 into Feb. 13, 2024, have created hazardous conditions in the Kanawha Valley, forcing several school districts, including the Kanawha County School District to delay classes. Local flooding in the region has also been reported in the Charleston, West Virginia area.
Paytm to form group advisory committee on compliance and regulatory matters. Former chairman of SEBI to head Paytm's advisory committee.