Software Engineer

Product Owner

Petition to move this into "Personal Finance" community

Software Developer

To Paytm investors

To Paytm investors- Grapevine

Welcome to Indian Startups's Private Community

Paytm pain

Consultant

Another lower circuit :/

Program Manager

Corporate Strategist

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

Welcome to News Discussion's Private Community

Paytm layoffs have already begun two weeks ago and come as Paytm's Payment Bank has been barred by RBI from conducting several businesses.

Paytm layoffs: Job cuts across departments, team sizes to be trimmed by 20%

Paytm Layoffs: 20% gone

Senior Software Engineer

Paytm Bank to wrap up all operations by mid March!

PAYTM Payments Bank essentially asked to shut shop. 

Afaik here are the few implications
1. Stock market will react in a bad way to them
2. Worst affected are going to be FasTag users who bought from PayTM.
3. No deposits / credits allowed in any account. Withdrawal is allowed. 
4. UPI not allowed after Feb

Paytm gets a shock from RBI

That stock is about to crash so fucking hard. Thank god i got out. The crappiest IPO of this decade.

Growth Manager

Product Manager

Welcome to Fintech India's Private Community

Regulatory risk is making me a little uneasy staying at PayTM now. I will obviously stick around to see if I get rewarded for the risk I am taking but I just want to understand how do you all think about regulatory risk?

How do you deal with uncertainty around regulatory risk?

Lower circuit again at 480.

Zomato mcap is 4x of Paytm.

Let this sink...

Paytm Karo!!!

Senior Consultant

Welcome to Personal Finance's Private Community

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

Paytm yet to hit rock bottom...

Welcome to Office Gossip's Private Community

Bharatpe saga continues

So on the first allegation here about the HR agency, have heard from a friend who worked there that it’s 100% true  
  
 There are paper records of new hires being rerouted through the relative’s HR firm

Analyst

How much more do you think Paytm will fall further? 
It has already crashed by 150+, blood everywhere!

Paytm stock

Growth Marketer

As per latest press release OCL, will completely move its services to other bank and will only bank with other bank.

Cutting ties with their own subsidiary is something which is unheard of. 

I am sure paytm payments bank will be back after some cool off period and some fines. I guess this is all done to manage their stocks 📉

https://www.bseindia.com/xml-data/corpfiling/AttachLive/02a4a3a1-8cc0-4cde-a35f-d4f70ca98377.pdf

Paytm (One 97 communication limited) distances itself from Paytm Payments Bank Limited

Looking at my Paytm shares

Business Analyst

As expected paytm stock got stuck on lower circuit (maximum downward move allowed in a day). Insanely large selling volumes with zero buy orders.

To Paytm investors

Discover More

Indian Startups on

by Isaiah Taye

Media company

Paytm pain

Indian Startups on

by Isaiah Nadeen

Series A Startup

Another lower circuit :/

Layoffs on

by Jordon Taye

Stealth

Death of paytm

News Discussion on

by Kalan Lee

Stealth

Paytm Layoffs: 20% gone

News Discussion on

by Dezi Olive

Deloitte

Paytm Bank to wrap up all operations by mid March!

Indian Startups on

by Coy Lee

Zomato

Paytm gets a shock from RBI

Fintech India on

by Jordon Denver

Paytm

How do you deal with uncertainty around regulatory risk?

Indian Startups on

by Jordon Carmden

TCS

Paytm Karo!!!

Personal Finance on

by Kendall Vernon

Zomato

Going to buy Paytm Stock

Indian Startups on

by Kendall Olive

TCS

Paytm yet to hit rock bottom...

Office Gossip on

by Kendall Olive

Swiggy

Bharatpe saga continues

Personal Finance on

by Karilyn Gabriel

Stealth

Paytm stock

News Discussion on

by Coy Dean

Accenture

Paytm (One 97 communication limited) distances itself from Paytm Payments Bank Limited

Misc on

by Jordon Vernon

Stealth

Looking at my Paytm shares

Indian Startups on

by Jordon Hyrum

Stealth

Paytm stock stuck on lower circuit