PayTM

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World

India’s Paytm shares slump to record low following downgrade

Shares of Indian digital payments company Paytm slumped to a record low below 390 rupees. This came after brokerage Macquarie downgraded the stock, which follows India's central bank ordering Paytm to halt a large part of its business by the end of this month. Rebecca Bundhun reports from Mumbai.  

today13 February, 2024

World

India orders halt to much of Paytm’s business

India's central bank has ordered Paytm Payments Bank - one of the leaders in the country's digital payments space - to halt a large part of its business. Indian regulators cited persistent non-compliance. Rebecca Bundhun reports from Mumbai.  

today1 February, 2024