Paytm Share Price Climbs 5% After Subsidiary Secures Payment Aggregator Licence
Even minor developments in the fintech world can send ripples through the stock market. Recently, the Paytm share price jumped nearly 5% in a single day. The reason? Its subsidiary, Paytm Payments Services Limited, secured the coveted Payment Aggregator (PA) licence from the Reserve Bank of India. This is not just a routine approval; it’s a green light that opens new doors for the company’s payments business.
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