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Paytm shares plunge another 5%; investors lose Rs 27,000 crore in 11 days as stock in downward spiral

Paytm shares tank 4% after circuit revision, ED action

Shares of Paytm have been in a freefall following RBI’s drastic action on Paytm Payments Bank. The action can hit the company’s revenue hard.

Paytm pains far from over, but Sandeep Tandon of Quant MF sees digital banking new reality

On January 31, the RBI placed restrictions on Paytm Payments Bank, saying the actions were warranted by “persistent non-compliances and continued material supervisory concerns in the bank”

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