Jio Financial Denies It Is In Talks To Acquire Paytm's Wallet Business

Tuesday, 6 February 2024Newsdesk
 Jio Financial Denies It Is In Talks To Acquire Paytm's Wallet Business
The RBI last week issued a directive restricting Paytm from accepting new deposits or allowing credit transactions after February 29, 2024.

New Delhi 06 February 2024

As per news report of NDTV,Reliance Industries-owned Jio Financial Services Ltd has denied a report that it is in talks with Paytm to buy its wallet business amid a crackdown by the Reserve Bank of India (RBI) over violation of rules.

Source - NDTV

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