Future Tech

Paytm expects up to $60 million hit from RBI action on its payments bank

Tan KW
Publish date: Thu, 01 Feb 2024, 09:39 AM
Tan KW
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Future Tech

 Paytm said on Thursday it expects a worst case impact of 3 billion rupees ($36.13 million) to 5 billion rupees to its annual earnings from Reserve Bank of India's order barring its unit, Paytm Payments Bank, from accepting fresh deposits from March.

 


  - Reuters

 

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