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Stock exchanges BSE and NSE have revised the circuit limits for Paytm parent company One97 Communications following a steep price crash caused by RBI s crackdown on Paytm Payments Bank. The circuit limits have been changed to 10%, and the stock cannot fall below the lower limit or rise above the upper limit. The RBI s action against Paytm Payments Bank, which was barred from accepting fresh deposits, has had a significant impact on Paytm s operations. Jefferies and Motilal Oswal Securities have downgraded Paytm s parent shares.

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