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


Paytm said on Thursday it expects a worst case impact of 300 crore rupees ($36.13 million) to 500 crore rupees to its annual earnings from Reserve Bank of India’s order barring its unit, Paytm Payments Bank, from accepting fresh deposits from March.

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First Published: Feb 01 2024 | 6:43 AM IST