
What's happening with PayTM seems very suspicious
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.
Who is betting on PayTm still? What is your thoughts process? Other than being emotional about made in India and funded by Chinese entity?
I would buy it personally Just feel that it'll be extremely undervalued after all of this is over, and they will find a back to get licenses back
I would bet on it...
Paytm lost me when postpaid feature was gone.
Plus when I lost in 5digit at ipo saga
Would buy it only if it goes below 400 around 360-370 is the price i find attractive
I think paytm will bounce back
Unless they change the promoter and bring a credible personality to lead, Paytm won't survive long with VSS at the helm.
Compliance and audit issues leave a stain that doesn't leave easily.
I would calculate their revenue from sound devices and potentially UPI revenue when Govt let's to charge 0.1% of the transaction and put a revenue multiple and buy there. The brand value of Paytm is there with merchants
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.
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...
paytm on 🔥 lately, surged 169% in 6 months. sold stake in paypay corp for ₹2,364 cr, cash reserves now over ₹10,000 cr. user growth strong too, 71m monthly transacting users. investor sentiment shifted from survival to growth optimism. ...