Tag
PhonePe's UPI market share rose to 47.07% in April 2026, even as total UPI volume dipped 1.3% month-on-month to 2,235 crore transactions. With an IPO on the horizon and NPCI's 30% market share cap deadline set for December 2026, regulatory pressure on the company is building.
The Reserve Bank of India has formally cancelled the license of Paytm Payments Bank Ltd, sending One97 Communications shares down 8% in early trade. The cancellation ends any possibility of the payments bank resuming operations, adding regulatory risk to Paytm's ongoing business restructuring.
Paytm shares fell around 8% on Monday after the RBI banned its payments bank unit. The move threatens key revenue streams and could disrupt wallet and merchant settlement services for millions of users.
The RBI formally cancelled Paytm Payments Bank's licence under the Banking Regulation Act, citing governance failures and non-compliance, sending Paytm shares down as much as 8.37%.
Paytm shares fell 8% after the RBI cancelled Paytm Payments Bank's licence, then recovered as Jefferies, Goldman Sachs, and Bernstein held their buy ratings. All three brokerages said the financial impact is limited because Paytm's core business is structurally separate from PPBL.
Tag
PhonePe's UPI market share rose to 47.07% in April 2026, even as total UPI volume dipped 1.3% month-on-month to 2,235 crore transactions. With an IPO on the horizon and NPCI's 30% market share cap deadline set for December 2026, regulatory pressure on the company is building.
1mo ago · 3 min · Markets
The Reserve Bank of India has formally cancelled the license of Paytm Payments Bank Ltd, sending One97 Communications shares down 8% in early trade. The cancellation ends any possibility of the payments bank resuming operations, adding regulatory risk to Paytm's ongoing business restructuring.
1mo ago · 2 min · Markets
Paytm shares fell around 8% on Monday after the RBI banned its payments bank unit. The move threatens key revenue streams and could disrupt wallet and merchant settlement services for millions of users.
1mo ago · 2 min · Markets
The RBI formally cancelled Paytm Payments Bank's licence under the Banking Regulation Act, citing governance failures and non-compliance, sending Paytm shares down as much as 8.37%.
1mo ago · 3 min · Markets
Paytm shares fell 8% after the RBI cancelled Paytm Payments Bank's licence, then recovered as Jefferies, Goldman Sachs, and Bernstein held their buy ratings. All three brokerages said the financial impact is limited because Paytm's core business is structurally separate from PPBL.
1mo ago · 2 min · Markets
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