RBI vs Paytm discussion post

What's happening in the company? Is there a comeback plan in action? Are you guys working on shifting the existing merchants to a different bank? Give us some insider info👀

The Paytm receives yet another blow from the RBI

As title says , there are so many narratives going around Could you give some insight how the management is working upon it

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

I read the RBI thing. Just want to know that whatever I’m investing with Paytm Money (Mutual Funds/ELSS) is safe or not? Any idea feedback etc?

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.

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 :')

Does anyone have any insights on how RBI plans to remove the gpay and phonepe duopoly? Saw some news here and there, any insider information?

Any basic tech and internal audit can identify these lapses outright, there seems to be more to uncover.

Just wanted to know if he's legit