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PAYTM POSTPAID OPERATIONS
Paytm shares climb 5% after Q4 results. Do Jefferies, Goldman Sachs and Bernstein see further upside?Paytm's parent company, One 97 Communications, reported a profit of Rs 184 crore for the fourth quarter. This led to a significant rally in...- Haitong sees 26% upside in Paytm. Lists 4 reasons for buying the dipsHaitong has initiated a coverage on One 97 Communication (Paytm) with an ‘Outperform’ rating for a target of Rs 1,410, implying an upside o...
- NPCI's RuPay credit card fee cut will not impact its overall financial performance: Paytm to exchangesPaytm said NPCI has cut TPAP and Payer PSP fees on RuPay UPI credit card payments, affecting only consumer app revenue and not revenue earn...
- Paytm poised for strong growth as Jefferies retains "buy" rating, raises price target to Rs 1,420Jefferies has reiterated its "Buy" rating on Paytm, raising the price target to Rs 1,420—a 21% upside from its current price of Rs 1,197. T...
- Paytm launches credit line on UPI with Suryoday Small Finance BankPaytm has introduced Paytm Postpaid, a UPI credit line, in partnership with Suryoday Small Finance Bank. This facility allows select users ...
- Paytm witnesses slowdown in core businesses of merchant payments, consumer lendingIn the first four months of 2024, Paytm’s user base shrank by 24% to 80 million, while the count of its active devices dropped by about 1 m...
- Paytm tentative timeline to restart loan sanctioning ends on February 14One97 Communications president and chief operating officer Bhavesh Gupta in a company conference call on February 1 had said that the compa...
- Paytm expects F&O, equity trading to drive revenue growth, says COOPaytm’s parent company One97 Communications expects wealth management through futures and options (F&O) and equity trading to become a big ...
- Paytm lending decoded: Where does it stand after slowdown in small-ticket credit?Paytm scaled down one of its most popular credit products Paytm Postpaid in December. The impact of this on Paytm’s business became evident...
- Paytm Q3 loss narrows to Rs 222 crore; firm to focus on large-ticket loansPaytm's revenue from operations for the December quarter increased 38% to Rs 2,850.5 crore. Paytm said the increase in revenue was on the b...
- Paytm's postpaid loan cuts to upend its growth thesisOn Wednesday, the company announced that it would reduce exposure to loans with ticket sizes less than ₹50,000 in the backdrop of the RBI's...
- Paytm scales down small-ticket loan business amid regulatory hurdlesThis move assumes significance at a time when the Reserve Bank of India has instructed banks and NBFCs to slow down on their unsecured lend...
- Paytm to go slow on small ticket loans, will it affect its growth prospects?On Wednesday, the company announced that it would reduce the exposure to the loans with ticket size less than Rs 50,000 against the backdro...
- Paytm shares tank 20% after company looks to curtail low-value personal loansPaytm said it will expand its portfolio of higher-ticket personal and commercial loans to lower-risk and high-credit-worthy customers, expe...
- Paytm to go slow on small-ticket loans; MPL's FY23 report cardPaytm will scale down its Postpaid business as recent regulatory hurdles have prompted a strategy rethink at the payments firm. This and mo...
- Paytm partners with travel tech firm Amadeus to offer ticket booking, payment optionsThrough this collaboration, Paytm will integrate Amadeus's travel platform to offer ticket booking and payment options to users.
- Paytm expects 40-50% growth in credit business annually over 2-3 yearsThe Noida-headquartered company is looking to add three new lending partners to its platform over the next two quarters, which may include ...
- Decoding Paytm’s aggressive lending and collections playbookPaytm is betting big on credit to turn around its flagging fortunes and given the growth and the impact on its topline, it seems to be work...
- Paytm woos another bear! Macquarie raises share target price by 80%The analysts had last year given a target price of Rs 450 on the stock with an underperform rating. They have now raised Paytm's FY23–26E r...
- HC Seeks Info on Paytm postpaid planDelhi High Court seeks clarifications from the RBI, Paytm on product offering credit to users.
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