The less we talk about ashneer, the better.
World is good, when everything goes his way. I always find him as narcissist.
I couldn't find a word called profit above.
Paytm also fired 1000 people recently
Many come out in support of Paytm. However, no one is talking about the compliance which RBI has been asking them to comply with since five years. They have even put the fine of 5.8 crore
In fact, Airtel and Fino Payment had to face similar charges
The concern of RBI is indeed correct. It's good that they are taking actions against such companies. Hopefully, SEBI does the same thing with Adani group
Yes, these new rich entrepreneurs with loss making businesses think asking them to do something is overreach. These people are feminists of the business world
PAYTM Payments Bank essentially asked to shut shop.
Afaik here are the few implications
That stock is about to crash so fucking hard. Thank god i got out. The crappiest IPO of this decade.
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...
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 move...
