Paytm Discontinues Inter-Company Agreements With Paytm Payments Bank
Friday, 1 March 2024Newsdesk
The Reserve Bank of India had asked Paytm Payments Bank to wind down operations by March 15 due to persistent compliance issues and supervisory concerns, triggering a meltdown in Paytm's stock.
New Delhi 01 March 2024
As per news report of NDTV,Paytm and its payments bank unit have mutually agreed to discontinue various inter-company agreements in the process to reduce dependencies, the embattled payments firm said on Friday.
Source - NDTV
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