There is no baise towards anyone but what they reported is actually true. It was said by the RBI deputy governor and they just quoted him.

Software Developer

Sales Manager

Media companies are a strategic investment these days by corporations.. it painful to see this…

Software Engineer

see this video - https://www.youtube.com/watch?v=aJBO5arsQrU

all will be clear why Paytm fully deserves the kick it got.

Product Manager

Senior Consultant

Moneycontrol is ultra negative on Paytm. It’s owner is wellll.., what do you think?

Welcome to Indian Startups's Private Community

RIL owned media bashing Paytm

RIL owned media bashing Paytm- Grapevine

The show cause notice now about misrepresentation of facts. Not sure if they really made so many mistakes, or are being stopped from becoming something for other reasons.

What's happening with PayTM seems very suspicious

Another lower circuit :/

Program Manager

Corporate Strategist

Welcome to Personal Finance's Private Community

Paytm and juspay

Welcome to News Discussion's Private Community

- One 97 Communications, Paytm's parent company, received an administrative warning from SEBI on July 15.
- The warning pertains to related-party transactions with Paytm Payments Bank for FY22, lacking audit committee or shareholder approval.
- SEBI noted non-compliances, highlighting transactions exceeding approved limits by Rs 360 crore.
- Paytm asserts compliance with SEBI Listing Regulations but SEBI warns of future enforcement actions for non-compliance.
- Earlier this year, RBI imposed business restrictions on Paytm Payments Bank, affecting its core operations. 

 Source: Moneycontrol, The Arc

Paytm Receives SEBI Warning Over Related-Party Transactions

Journalist

RBI is a big bully, everybody knows that. RBI has bullied the likes of HDFC, ICICI and a lot of fintech startups. All it wants is that these folks are compliant with the rules.

RBI is one of the most stringent Central banks in the world. This also ensures a lot of financial stability in the country, sometimes overdoing the regulations.

Once you fix the systems and comply with RBI, business is back to usual. This has been the trend in all the notices that have been sent across to all the different companies. Paytm should be no different.

Paytm has a book value of 205. In case the stock hits a few more lower circuits, in the words of Ashneer Grover, it'll be a "Screaming buy".

Every good opportunity comes with a lot of risk. The primary risk here is that Paytm doesn't get its act straight and RBI at the end of February imposes the actions that are mentioned in the circular.
 Next line in such a case. Well the money is lost but if they fix the necessary things within time then it's going to be a jackpot.

Catching falling knives is never easy, and it's bound to hurt you, but hey, "Risk He Toh Ishq He".

Next lower circuit is ~487rs 
The one after it is ~390rs.

I think anything under 500 is great price without the RBI impact. If it hits the circuit tomorrow, I'll start buying on Monday. If it doesn't, well, salary is already credited, so it's time for some risky investment.

Going to buy Paytm Stock

After the recent RBI mandate to banks and NBFCs against unsecured personal loans, the lenders have pulled back their hands from digital lending. My company has already started facing the impact. Tomorrow onwards we won't be able to disburse any new loans from our platform because the lender is unsure of the road ahead.

Personally, I can't afford to go through another layoff this year :')

Brace for impact people in lending biz!!!

The reason behind Paytm downfall

From 2,150 IPO listing price to 346, 84% wealth erosion.

Paytm has been the biggest Wealth destroyer in recent times .

Chartered Accountant

Who is betting on PayTm still? What is your thoughts process? Other than being emotional about made in India and funded by Chinese entity?

PayTm stocks

Lawyer

Paytm not available for sale!

The Paytm receives yet another blow from the RBI

Paytm stonks 📉

Just went through RBI's note and developments as per major news houses, so Paytm would no longer be an app which used to be in almost every indian's phone march onwards. such a downfall of a firm who enjoyed their best time post covid.

Bhyi anyone knows how can i withdraw/utilise my food wallet from Paytm. Got 1.5k bucks there, don't wanna give a penny to Vijay.. any ideas?

On a serious note, i'm gonna miss paytm. it was an great app, atleast their wallet was the best ever, better than upi since the txn can't be unsuccessful. also they brought one of a kind revolution in e payments. 
RIP Paytm🫡

Death of paytm

PayTM looking to sell ticketing business to Zomato for 1500Cr

I think 6-7 years across nobody would have imagined Zomato and PayTM would be in such polar opposite zones 
Extremely sad for PayTM

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Will Vijay Shekhar Sharma be able to revive the company in next 6 months or Paytm will lose its existence among upi customers ???

Paytm and it's downfall

To all paytm folks and people having first hand knowledge of this matter: how true is the statement that the 1k layoffs are due to AI? or is it just a bs PR move to justify layoffs (like any other organisation)

Paytm: AI led job loss

100% bullshit 😆 
  
 AI is like an easy target to blame.  
  
 Truth is - They have accumulated insane NPAs in low ticket size loans which RBI also highlighted. Pausing that business made a huge chunk of people redundant. At the same time, there’s insane pressure to boost up the stock price as it’s still treading much lower than IPO price.

Growth Manager

Was reading a thread where people were saying don't be in shock if Ambani/Reliance starts making move after RBI's action on Paytm. I initially thought it to be a meme. Now I am just curious. 

Is the system really fair to allow such moves by the rivals after penalising them?
Or is the system that rigged to make sure their friends can get all the business to technically get the favors, funds, etc? 
Any thoughts on this? 
Whether is it too cruel and unfair that system just can't come into action to stop such moves otherwise how the startups anyway could rival the innovation that happens in the West if our own system anyway is there to cripple in such scenarios or do you think it's all fair in the name of business (you donot follow regulations, you will have to suffer eventually)? 
PS:- This is just to have a healthy discussion without any biases intended, with no political agenda in mind. I hope you'll keep the discussion healthy and interesting. 
Picture source:- stocktwits(ig)

RIL owned media bashing Paytm

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