Neutral impactCorporate Action
Paytm gets RBI prelim nod to operate wallets; shares surge to 52-week high
Times of India 42 min ago·13 Nov 2026, 9:57 am
Paytm's payment segment has secured initial approval from the Reserve Bank of India for its prepaid payment instruments. This milestone has propelled One 97 Communications' stock to soar past the Rs 1,900 mark, reflecting strong market performance. Analysts predict robust revenue growth stemming from the enhanced merchant discount rate framework for UPI transactions, with global brokerage Bernstein naming Paytm as a leading growth prospect in finance.
Affected stocks
Neutral1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns One 97 Communications (PAYTM).
- Category: Corporate Action.
Why it matters
A routine update for One 97 Communications. Use the price and stock snapshot to gauge how the market is responding.
