I bought the next day the ban was imposed by rbi. Bullish on Vijay because of his persistence and smartness

I am too, use only Paytm for payments, tickets, etc. 
 But, their super app ambition was based on trust moat, which they lost here. So not sure about the future

Software Engineer

I'm pretty sure they learned the lesson the rbi wanted to teach them. I am very bullish

Tie up with Axis Bank is one of the factors

Product Manager

Lawyer

Initial correction was much higher due to uncertainty, but now that they have tied up with Axis bank for QR scan machines and have time till March 15th. So, going up that the current market cap is 24k crores, really less for their business, and they have cash equivalent of 8 to 9k crores. The only thing to understand is how the fasttag and wallet business affect their margin and lending business. But they seriously have to cut down their costs, and management need to improve.

Software Developer

Senior Software Engineer

No operator can manage stocks with such huge volumes, get out of  'operator is trapping mindset'

Machine Learning Engineer

Head Of Growth

Paytm Bank has tied up with axis bank, and wallet ain't going to stop , allowed by rbi. 
 although it's not a good buy

Growth Manager

it's a different entity whose existence doesn't depend on the Paytm Bank. 
 eg. phone pe doesn't have a bank but does have a wallet.

Vijay bhai ke saamne koi bol skta hai kyaaa 🔥😍✌🏼🤝🫨☘️🤤

Smart money is working to beat dump money. 
  
 Har stock ke saath hota hai.

Those who bought at 400/500 levels they need an exit right so driving the Upper circuit to trap retail

lamp that's about to burn out burns brighter.  its high time they  close this nonsense.  
 no longer understand why they do what they do

Consultant

Has there been any good news about the company or is it just the operator playing their game with gullible retail investors?

Welcome to Personal Finance's Private Community

Why is PayTM hitting the 5% upper circuit for the last three days?

Why is PayTM hitting the 5% upper circuit for the last three days?- Grapevine

Welcome to News Discussion's Private Community

Really ? 

Even after receiving multiple notifications from them ?

Even after submitting false compliance reports to them on various instances ?

Even after they had put monetary penalty on you for continued non-compliance with KYC norms.

You don’t know what exactly went wrong.

That’s great 😄👍

Links : https://www.cnbctv18.com/finance/paytm-payments-bank-rbi-crackdown-the-inside-story-18970171.htm/amp

https://timesofindia.indiatimes.com/gadgets-news/paytm-town-hall-no-job-cuts-and-other-key-things-that-ceo-vijay-shekhar-sharma-told-employees/amp_articleshow/107420639.cms

PayTM CEO in Townhall : “We are not completely sure of things...like what exactly went wrong”

Corporate Strategist

Welcome to Indian Startups's Private Community

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

Paytm stock stuck on lower circuit

Program Manager

Paytm yet to hit rock bottom...

Senior Consultant

Stock exchanges BSE and NSE have revised the circuit limits for Paytm parent company One97 Communications following a steep price crash caused by RBI's crackdown on Paytm Payments Bank. The circuit limits have been changed to 10%, and the stock cannot fall below the lower limit or rise above the upper limit. The RBI's action against Paytm Payments Bank, which was barred from accepting fresh deposits, has had a significant impact on Paytm's operations. Jefferies and Motilal Oswal Securities have downgraded Paytm's parent shares.

Exchanges lower Paytm's circuit limits to 10% after price crash

NSE changed Paytm Lower Circuit to 10%

Can someone explain what just happened to PayTM and if other FinTechs could be subject to something similar?

PayTM, 31st Jan

As title says , there are so many narratives going around 

Could you give some insight how the management is working upon it

PayTM employees , could you tell us some insider information

Another lower circuit :/

342 is the new low after ED in action sniffing Chinese currency 💲💵💵💲

Indian startups should comply better else many more byjus and Paytm debacle yet to arrive

Paytm again at lower circuit 📈

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

- 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

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.

Spoke with banking folks, and they confirm that it's not like PayTM was doing something that other banks also don't

Sad to see what PayTM is going through. Increasingly feel that they've been wronged against.

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?

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

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.

Why is PayTM hitting the 5% upper circuit for the last three days?

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