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Paytm Bank's exit from UPI unlikely to be disruptive

In a report on Tuesday, Macquarie Capital Securities expects a sharp reduction in Paytm revenues across various segments, anticipating an exodus of customers. It had pegged the overall customers at 330 million. They include 110 million of monthly transacting users and a merchant subscription network of about 10 million. ....

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Exclusive-Australia's highest paid banker in talks to join trader Mercuria, sources say

Star Macquarie banker Nicholas O’Kane, whose resignation from the firm was announced this week less than a year after he received one of the largest pay cheques in banking, has been in talks to join Swiss commodities trading house Mercuria, four people with knowledge of the matter said on Friday. O'Kane's resignation as head of Sydney-based Macquarie's commodities and global markets came as a surprise to many in the market. ....

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Paytm Bank's exit from UPI unlikely to be disruptive

In a report on Tuesday, Macquarie Capital Securities expects a sharp reduction in Paytm revenues across various segments, anticipating an exodus of customers. It had pegged the overall customers at 330 million. They include 110 million of monthly transacting users and a merchant subscription network of about 10 million. ....

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Paytm: Macquarie cuts Paytm price target by 57%, cites low revenue

The brokerage said some of Paytm s existing lending partners may take a re-look at their business links with the firm, which may potentially hurt its lending business revenues. ....

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