Paytm shares in focus after RBI grants payment aggregator license to subsidiary

Shares of One 97 Communications, the parent company of Paytm, are likely to be in focus on Thursday, November 27, after the Reserve Bank of India (RBI) granted a Certificate of Authorisation (CoA) to its wholly-owned subsidiary, Paytm Payments Services Limited (PPSL), to operate as a Payment Aggregator.

“In furtherance to our disclosure dated August 12, 2025 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we would like to inform to you that Reserve Bank of India (“RBI”) on November 26, 2025 has granted Certificate of Authorization (“COA”) to Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of One 97 Communications Limited ("the Company”), to operate as a Payment Aggregator under the Payment and Settlement Systems Act, 2007,” said Paytm in a filing to the stock exchanges.

The approval, granted on November 26, allows PPSL to function as a Payment Aggregator under the Payment and Settlement Systems Act, 2007. According to the company’s stock exchange filing, the growth in this business segment is expected to be reflected in the consolidated financials of One 97 Communications Limited.


The Certificate of Authorisation allows PPSL to provide payment aggregation services in India, subject to compliance with the terms and conditions prescribed by the RBI. The license is effective from November 26, 2025, as per the guidelines issued by the central bank.

On Wednesday, the shares of Paytm closed 3.5% higher at Rs 1,286.35 on the BSE.

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