Vijay Shekhar Sharma’s Paytm Under Pressure After RBI Cancels Payments Bank Licence: What It Means for Users and Investors
Shares of One 97 Communications fell sharply after the Reserve Bank of India (RBI) cancelled the licence of Paytm Payments Bank (PPBL), intensifying regulatory pressure on the fintech major. The move has raised major concerns around Paytm’s operations, user services, and future growth outlook. RBI Cancels Paytm Payments Bank