Paytm shares hit fresh upper circuit limit after RBI's advice to NPCI

Paytm shares surged 5% in early trade on Tuesday following the Reserve Bank of India's request for the National Payments Corporation of India (NPCI) to explore the option of Paytm Payments Bank customers shifting to other banks. The stock of Paytm's parent company, One97 Communications, rose 5% to Rs 428.10 and Rs 427.95 on the NSE and BSE respectively.

Feb 27, 2024 - 07:00
Paytm shares hit fresh upper circuit limit after RBI's advice to NPCI
Paytm shares surged 5% in early trade on Tuesday following the Reserve Bank of India's request for the National Payments Corporation of India (NPCI) to explore the option of Paytm Payments Bank customers shifting to other banks. The stock of Paytm's parent company, One97 Communications, rose 5% to Rs 428.10 and Rs 427.95 on the NSE and BSE respectively.