India's MakeMyTrip, PolicyBazaar warn RBI of fintech hit after Paytm crackdown: Letter

India's MakeMyTrip and PolicyBazaar have expressed concerns to the central bank about the impact of its crackdown on Paytm, a digital payments firm. They argue that the decision could harm investment in the fast-growing financial-technology sector, discourage innovation, and send a negative signal to the global business community.
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