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Paytm stock: If problems remain restricted to BPPL & UPI payments continue, Paytm stock will go up: Pranav Gundlapalle, Sanford C Bernstein

According to Pranav Gundlapalle, the Paytm stock is being driven by incremental news flow confirming that the problems are limited to PPBL. The stock has the potential for significant upside if the problems are resolved and payment volumes remain unimpacted. The market is closely watching the resolution of PPBL s issues. ....

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Visa's profit beats estimates driven by strong travel demand

(Reuters) -Card giant Visa sailed past estimates for fourth-quarter profit on Tuesday as consumers on a post-pandemic travel rebound shrugged off worries of a looming economic slowdown and cost-of-living crisis. Visa's CFO Chris Suh said U.S. inbound travel recovery accelerated in the quarter, while travel into Asia also continued to improve. "At a macro level, we are assuming no recession in our outlook," Suh said on a call with analysts. ....

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Paytm loan value increases 137 percent year-on-year

Paytm loan value increases 137 percent year-on-year
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Paytm posts robust growth in Jul-Aug; in-store payments strengthen, 87 lakh devices deployed

Paytm posts robust growth in Jul-Aug; in-store payments strengthen, 87 lakh devices deployed
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