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As part of this process to reduce dependencies, Paytm and Paytm Payments Bank have mutually agreed to discontinue various inter-company agreements with Paytm and its group entities.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
The board of Paytm parent One 97 Communications Limited has approved the termination of agreements and amendment of SHA on March 1, 2024.
Paytm has announced that it has mutually agreed to discontinue various inter-company agreements with Paytm Payments Bank
This week saw Paytm shares rebounding during to trade higher against the 52-week low of Rs 318 hit on February 16. However, the stock is still around 50 percent below the January 31 closing price of Rs 761.20.