Paytm gets preliminary RBI nod for wallet licence; shares hit record high
Headline via Hindustan Times · first report 13 Nov, 15:09 IST, latest 13 Nov, 16:00 IST
What we know
3 independent news organisations have reported this story. The first report we saw came from The Economic Times at 13 Nov, 15:09 IST; the latest is from The Hindu at 13 Nov, 16:00 IST. Rational Times has not independently confirmed the details: read each report through the links below.
What the reports sayEach newsroom’s own summary of its report, from its feed
Paytm's payment segment has secured initial approval from the Reserve Bank of India for its prepaid payment instruments. This milestone has propelled One 97 Communications' stock to soar past the Rs 1,900 mark, reflecting strong market performance. Analysts…
Earlier, this year the RBI cancelled the banking licence issued to Paytm Payments Bank.
The approval comes more than two years after the RBI barred Paytm Payments Bank from accepting fresh deposits and wallet top-ups
Quoted from the newsrooms’ own feeds, with their names and links. Rational Times has not independently confirmed the details.
The reports6 reports
- The Economic Times Paytm gets RBI nod for pre-paid instruments
- The Economic Times Paytm gets RBI's in-principle nod to revive wallet biz
- The Times of India Paytm gets RBI prelim nod to operate wallets; shares surge to 52-week high
- Hindustan Times Paytm gets preliminary RBI nod for wallet licence; shares hit record high
- The Hindu BusinessLine Paytm gets preliminary RBI nod for wallet licence; shares hit record high
- The Hindu India's Paytm gets preliminary RBI nod for wallet licence; shares hit record high
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