Paytm shares jump 5%; here’s why
The stock price got a boost amid a report that Sunil Mittal is seeking a stake in Paytm by merging his financial services unit into Paytm Payments Bank.
The stock price got a boost amid a report that Sunil Mittal is seeking a stake in Paytm by merging his financial services unit into Paytm Payments Bank.
Contrary to market perception, payments banks such as Fino and Airtel have turned profitable.
Udaan has temporarily paused settlements to YES Bank accounts; Razorpay, which also partners with YES Bank, said its payment gateway services are unaffected.