Shares of Paytm fell 8.37% intraday to a low of ₹1,051.05 after the RBI cancelled the licence of Paytm Payments Bank
The stock later recovered and was trading 3.78% lower at ₹1,103.75 at 10:44 IST, with a market capitalisation of ₹70,552.8 Cr (about $7.4 Bn)
Brokerages remained largely positive, saying the impact would be limited as the payments bank business had already been ring-fenced and written off earlier
Shares of fintech major Paytm fell as much as 8.37% during the intraday trading today, touching a low…

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