Paytm parent company One97 Communication s share price rose 10 percent, rising for 2nd straight session, amid reports that the firm s founder Vijay Shekhar Sharma met FM Nirmala Sitharaman to discuss the RBI s restrictions.
Paytm s stock is facing significant challenges as it has witnessed a substantial downturn and hit the 20% lower circuit limit for two consecutive trading sessions. The decline came after the Reserve Bank of India barred Paytm Payments Bank from conducting certain banking operations.