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Paytm has also been seeking clarity from the RBI regarding the transfer of its licence for the wallets business and digital highway toll payment service Fastag, the source said.
The share price had declined by 20 per cent, 20 per cent and 10 per cent on Thursday, Friday and Monday's trading sessions respectively after RBI announced a ban on any newer deposits or top ups on accounts, digital wallets or FASTags post February 29. The central bank cited several compliance issues as a reason behind its move.
The new 10 percent limits will be applicable from Monday, the Bombay Stock Exchange and the National Stock Exchange said on their websites.
Paytm shares: FDI stake in the company stood at 45.08 per cent while 451 FPIs such as Canada Pension Plan Investment Board accounted for 17.69 per cent stake in Paytm.
Paytm Share Price Live: Paytm's shares dropped day after the Reserve Bank of India barred Payments Bank from accepting new deposits after February 29