Digital payments firm Paytm lost a fifth of its market value on Thursday after the Reserve Bank of India (RBI) directed its associate Paytm Payments Bank to halt its business, sparking a meme fest on the internet.
Shares of fintech company Paytm plunged 20% in pre-open trade on Thursday, a day after the Reserve Bank of India (RBI) announced to halt business at its associate Paytm Payments Bank.