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Paytm shares tank 9% to hit fresh record low. Here's why

Paytm, Macquarie said, faces "a serious risk of exodus of customers, which significantly jeopardises its monetisation as well as its business model." ....

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Enforcement Directorate seeks overseas transaction details from Paytm Payments Bank: Report

Earlier this month, Reuters had reported the Enforcement Directorate had started a probe into One 97 Communications, also known as Paytm, on suspicion of violation of foreign exchange rules. The firm had denied allegations of forex violations. ....

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MC Markets Graphixstory: Brokerages cut Paytm's target price by 20-60% after RBI diktat

While restrictions on Paytm Payments Bank do not directly impact One97 Communications lending business, brokerages seem to be divided on the matter. Some brokerages see a huge customer exodus impacting loan distribution, while some say the impact will only be on the wallets business. ....

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ED likely to initiate preliminary probe against Paytm Payments Bank

Paytm shares went deeper into the red on Feb 14, trading 10% lower, and slipping below Rs 350 mark ....

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Paytm shares plunged 9% today; bear case target at Rs 180, says Macquarie

Macquarie suggested a target of Rs 180 in its bear case scenario that factored in a 75 per cent decline in distribution revenues against 60-65 per cent fall in its base case. ....

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