Macquarie on Paytm: No threat to business from RBI ban, small finance bank licence remains doubtful - Moneycontrol
According to Macquarie, the recent developments substantially reduce Paytm’s chances of upgrading to a small finance bank licence. The company is due to apply for the licence in May 2022
After the Reserve Bank of India (RBI) issued a directive asking Paytm Payments Bank to stop onboarding new customers, Macquarie in its report on One97 Communications has said that the ban may not hav… [+3028 chars]
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