Paytm dip buyers burn fingers as shares fall another 9% today
Fri, Feb 9, 2024 10:19 AM

Paytm dip buyers burn fingers as shares fall another 9% today

A Flip by Avya Verma
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Paytm's shares fell by 9% on Friday as hopes for a quick solution to regulatory issues faded. The RBI has taken a tough stance against the fintech company for non-compliance and is considering canceling its license. Paytm's founder met with RBI and the Finance Minister to discuss the matter, but the uncertainty has caused a loss of Rs 22,000 crore for investors.

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