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.
LFW
Sad to see what PayTM is going through. Increasingly feel that they've been wronged against.
Spoke with banking folks, and they confirm that it's not like PayTM was doing something that other banks also don't
6mo ago
StartupBaba
Stealth6mo
They are doing something by firing CXOs ,😄
Bharatiya
Oracle6mo
Stock's going down each day. They gotta do something.
LostUrge
Paytm6mo
Share will probably reach to 200-250 once they post their results. Same happened with Zomato it reached to 40 . Paytm will reach around 200 first the it will take 6-9 month to double tripple to 600-800.
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Curated from across
PayTM, 31st Jan
Can someone explain what just happened to PayTM and if other FinTechs could be subject to something similar?
PayTM, not a victim
Controversial take below: No doubt that PayTM has been a poster-boy of Indian fintech startups. And Vijay Shekhar Sharma has been an exceptional entrepreneur: building PayTM into a homegrown brand and a multi-billion dollar public compan...
Brace for impact people in lending biz!!!
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 disbu...
Paytm gets a shock from RBI
PAYTM Payments Bank essentially asked to shut shop.
Afaik here are the few implications
- Stock market will react in a bad way to them
- Worst affected are going to be FasTag users who bought from PayTM.
- No deposits / credits...
Top comment
That stock is about to crash so fucking hard. Thank god i got out. The crappiest IPO of this decade.