Paytm is a digital payments platform which was launched by vijay shekhar sharma. Soon the company becomes a unicorn launches its IPO in the indian stock market. As soon as it got listed on the NSE and BSE the stock falls drastically but stablized iteself for few trading sessions. However, in the mid of the 2023 the news breaks out that paytm is not following the RBI guidlines and violating them from long periond of time. The RBI takes strict action due to ignorance of the paytm for non compliances. The stock of the paytm parent company One97 communications known as PAYTM get falls quickly in the Indian stock market.
Now new updates are coming from the same sources about the paytm that it might get delisted from the Indian stock market and the retail investors who invested in the paytm stock will end up bearing heavy losses.
It has been buzzing arround the social media that paytm app or company will soon get permantanly closed. However, this is not a confirmed thought but the service quality of the paytm and worst class robots support system may make the dream true.
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