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Paytm Stock: SoftBank Sells 2% Stake; Paytm Shares Down By 4 %

It held a 17.5% stake in Paytm in September 2022 later it trimmed its ownership through multiple open market deals. After this sale, the company s stake in Paytm’s parent One97 Communications went down to 2.83 percent from 5.01 per cent earlier. ....

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Paytm shares down 5% as VSS resignation fails to soothe nerves

Meanwhile, following the development in the firm, global brokerage firm UBS said in a note, "Paytm will likely experience near-term financial impact on its business along with some permanent loss of business in FY25E." ....

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Is the Paytm crisis leading to higher ad spends in banking and fintech categories?

After RBI's action against Paytm Payments Bank, several banking and fintech companies have brought out ads harping on the concept of trust, an essential attribute in all financial products. ....

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Paytm Payments Bank board rejig unlikely to sway RBI, say bankers

Paytm’s efforts to mollify the regulator is being seen as an attempt to buy time beyond the March 15 deadline. Migration of merchants is taking more time than expected, with several banks worried about redoing KYC of crores of subscribers ....

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Startup leaders stress on corporate governance amid Byju's, Paytm turmoil

Top investors emphasise the need for vigilant corporate governance in the wake of the Biju s and Paytm Payments Bank controversies, as Startup Mahakumbh gears up to showcase diversity in the ecosystem. Experts say entrepreneurship and policy are the way forward ....

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