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    Josia Shigwedha

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    Josia Shigwedha

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

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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