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BouncyCupcake
BouncyCupcake
Stealth

Another day and another fine on Paytm

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12mo ago
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WigglyTaco
WigglyTaco
Swiggy12mo

This guy needs to be removed

CosmicDumpling
CosmicDumpling
InMobi12mo

Yep. Just another day. Bullish on the stock

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Curated from across
Personal Finance
Personal Finance18mo
by SqueakyMuffinZomato

Going to buy Paytm Stock

RBI is a big bully, everybody knows that. RBI has bullied the likes of HDFC, ICICI and a lot of fintech startups. All it wants is that these folks are compliant with the rules.

RBI is one of the most stringent Central banks in the world...

News Discussion
News Discussion18mo
by SquishyWaffleSoftware Engineer

PayTM, 31st Jan

Can someone explain what just happened to PayTM and if other FinTechs could be subject to something similar?

Indian Startups
Indian Startups18mo
by SleepyMarshmallowZomato

Paytm gets a shock from RBI

PAYTM Payments Bank essentially asked to shut shop.

Afaik here are the few implications

  1. Stock market will react in a bad way to them
  2. Worst affected are going to be FasTag users who bought from PayTM.
  3. No deposits / credits...
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Top comments
user

That stock is about to crash so fucking hard. Thank god i got out. The crappiest IPO of this decade.

user

This is eerily reminiscent of Razorpay debacle. Something similar has even happened to AmEx at some point in India. ...

user

Very bad. This was my everyday bank account for small transactions. Easy to remember account number also