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While Paytm does not own any shares in Pai Platforms, the 'PaiPai' app has been developed by the fintech major's parent entity One97 Communications
Paytm saw its Android app downloads decline to 68,391 on February 3, a whopping 24 per cent decline week-on-week.
Shares of One97 Communications Ltd (OCL/(Paytm) hit lower band of 20% during morning trading Thursday at Rs609 on NSE following action by Reserve Bank of India (RBI) against Paytm Payments Bank Ltd, an associate of OCL
Big4 company Deloitte has been mandated by the investors of Groyyo — Tiger Global and Alpha Wave Global — to ‘work with the startup and take a closer look at its trading business. This and more in todays ETtech Morning Dispatch.
The Reserve Bank of India (RBI) has increased the daily transaction limit of UPI Lite to INR 500 from INR 200.