Motilal Oswal

[ad_1] Recent developments have shown promise for Paytm, as it obtained approval from the National Payments Council of India (NPCI) to operate as a third-party app, allowing it to function similarly to competitors like Google Pay and PhonePe. Moreover, Paytm has forged partnerships with Axis Bank, HDFC Bank, SBI, and Yes Bank to facilitate seamless business migration, indicating proactive measures to address operational concerns. The brokerage has retained its…

[ad_1] Last Updated: March 22, 2024, 14:03 IST There has been a decline in Paytm’s UPI transaction volume in February, following the RBI action. Paytm recently received the National Payments Council of India (NPCI) approval to function as a third-party app Shares of One 97 Communications, the parent company of fintech platform Paytm, traded above Rs 410 on the National Stock Exchange (NSE) intraday on March 22, rebounding around…