Paytm shares fall 4% after Paytm Payments Bank CEO resigns
Surinder Chawla has resigned as Managing Director and CEO of Paytm Payments Bank, an associate entity of Paytm.
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Paytm shares rise 5% on getting approval to become a third-party UPI app
Paytm shares have tumbled 51% from ₹761 at the close of trade on January 31, 2023, after the RBI action against PPBL.
RBI ban on Paytm Payments Bank: Check which services will continue to work beyond March 15
Paytm app, QR, Soundbox, card machines will continue to remain functional beyond March 15
RBI received 3,513 complaints against Paytm bank in FY23; highest among payment banks
The central bank received 501.86 complaints per branch against Paytm Payments Bank between April 1, 2022, and March 31, 2023.
Paytm shares rise 5% on partnership with Axis Bank; extension of deadline for PPBL
The fintech stock has lost 53% since January 31, 2023, while its market cap has fallen over ₹25,500 crore in the last 13 sessions.
Crisis-hit Paytm shares fall 9% amid report to acquire ONDC startup Bitsila
The fintech major is reportedly in advanced stages of talks with e-commerce startup Bitsila and the deal is likely to close in the coming week.
Paytm shares rebound 8% after falling 42% in three sessions; here’s why
The fintech stock has rebounded 19.5% from day’s low of ₹395.5 to touch a high of ₹472.50 on the BSE.
Paytm shares hit 20% lower circuit for 2nd day; Jefferies, Macquarie cut target price
Jefferies cut the target price on Paytm by more than half to ₹500 from ₹1,050 per share; Macquarie lowered its target price to ₹650 per share.
Paytm shares hit 20% lower circuit after RBI's action on PPBL
Responding to the RBI action, the Vijay Shankar-led company says that PPBL will take immediate steps to comply with the central bank’s directions.
