SillyDonut
SillyDonut

Paytm not available for sale!

Amidst all chaos vss denied this

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17mo ago
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This makes it more likely that the RBI action was done to force a sale. Not the first time regulatory agencies have been abused this way.

JumpyHamster
JumpyHamster

Mota bhai can buy good stake 200.

GroovyBoba
GroovyBoba

it’s not like they’ll come out saying yes we’re looking to sell - none of these comments will ever generate a response from a company

DancingDonut
DancingDonut

But he'll agree to selling yo JioFin [mota bhai 😂]

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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

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Misc17mo
by WobblyBiscuitZomato

Paytm is totally s**t

This sh*t app deducted money from my account , I have recieved money from my father and they deducted more than 200-300 rupees from what I have received, my message is showing that I have received full money what he sent , this is happ...