Log in

PolicyBusiness Standard

Paytm wallet likely to see revival following RBI's in-principle nod

Positive+657 sources

GreyOak summary

Paytm's payments arm received the Reserve Bank of India's in-principle authorization to issue prepaid payment instruments, including wallets. This regulatory approval is expected to facilitate a revival for the Paytm wallet business.

What it affects

  • Paytm wallet likely to see revival.Rolling sentiment Positive +58

  • RBI regulationPositive +65

    RBI granted in-principle nod for PPIs.Rolling sentiment Positive +32

Source

Read the original at Business Standard

More One 97 Communications news

All One 97 Communications news →