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Paytm shares jump 5% on receiving govt’s nod for investment in Paytm Payments Services

Paytm shares jump 5% on receiving govt’s nod for investment in Paytm Payments Services

The company will reapply for a payment aggregator (PA) licence, a regulatory filing said on Wednesday New Delhi: Shares of fintech firm One97 Communications — the owner of the Paytm brand — jumped 5% on Thursday morning after the company received the government’s approval for downstream investment in wholly-owned subsidiary Paytm Payments Services Ltd. The […]

The post Paytm shares jump 5% on receiving govt’s nod for investment in Paytm Payments Services appeared first on India Retailing.

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