India’s Paytm flags further financial impact of banking unit wind down

India’s Paytm flags further financial impact of banking unit wind down



INDIAN digital payments firm Paytm posted a wider loss in the fourth quarter on Wednesday (May 22) and warned of further financial impact as the company absorbs the full effect of the Reserve Bank of India’s (RBI) order to wind down its banking unit.



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I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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