Amid Share Price Fall, Paytm's Q4 GMV Soars 105%
Paytm’s gross merchandise value (GMV) jumped 105% y-o-y to INR 1,65,333 Cr in the first two months of the fourth quarter of FY 2021-2022.
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Paytm’s gross merchandise value (GMV) jumped 105% y-o-y to INR 1,65,333 Cr in the first two months of the fourth quarter of FY 2021-2022.
The development follows the RBI's decision of temporarily stopping Paytm Payments Bank from on-boarding new customers.
The share price of Paytm parent company One 97 Communications Ltd dipped by another 10 per cent on Tuesday hitting a new all-time low.
The share price of Paytm parent company One 97 Communications Ltd dipped by another 10 per cent on Tuesday hitting a new all-time low.
Paytm says a report claiming its Payments Bank's data was leaked to Chinese firms is "completely false and sensationalizing."