Paytm shares: Macquarie believes RBI ban consequences are pretty substantial; near-term solution improbable.
In its most recent note, Macquarie stated that the Reserve Bank of India’s decision to prohibit Paytm Payments Bank Ltd from engaging in new credit and deposit operations, top-ups, fund transfers, and other similar banking operations by the 29th of February 2024 will have significant repercussions. This decision will significantly hinder Paytm’s ability to retain … Read more