As title says , there are so many narratives going around
Could you give some insight how the management is working upon it
I said this 2weeks back. https://share.gvine.app/sgDtJVYC1riMXVoX9
Talked to a friend at Paytm who is part of management.
Top leadership did a rescue meet-up today.
They are going to fix things but will take atleast 1month.
Multiple issues are there...
Ant financial still own 10% and Government isn't happy with Chinese stake.
Kyc and It related compliance missing after 3y also.
Payment banks have limit of 1 lac but merchants were doing daily transaction of 1 lac, RBI also has issue with bank money getting siphoned off in other projects like Paytm games etc.
Conclusion Buy at dip may be 200inr and sell at 1000 inr when vss fixes the raita.
Dekho bhai, hona yeah hai ki OCL and PPBL ka talaak hona hai. oCL will now operate like a phonepe / gpay - dependent on 3P banks. Aur VSS / Madhur / Bhavesh ko lagg gayi hai.
Yeah hai satya
Heard they are partnering with other banks to continue operations
PayTM peeps, the nation wants to know.
