India’s Paytm flags further financial impact of banking unit wind down

India’s Paytm flags further financial impact of banking unit wind down

May 22, 2024 / Riah Marton /



INDIAN digital payments firm Paytm posted a wider loss in the fourth quarter on Wednesday (May 22) and warned of further financial impact as the company absorbs the full effect of the Reserve Bank of India’s (RBI) order to wind down its banking unit.

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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