Paytm Accepts Rs 227 Crore Loss With Payments Bank; Investment Written Off

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6 months ago

A recent exchange filing on Wednesday indicates that the One97 Communications Ltd. has written down the value of its entire investment worth Rs 227 crore in Paytm Payments Bank Ltd. Why Would This Happen? It appears that the action by Paytm was prompted by the Reserve Bank of India who had a clampdown on the […]

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