Paytm shares plumb all-time low of ₹677 as RBI bans onboarding of new customers
Updated: 14 Mar 2022, 04:12 PM IST
TL;DR.
Shares of the company tanked after the Reserve Bank of India (RBI) barred Paytm Payments Bank by the regulator from onboarding new customers.Existing users of Paytm UPI, Paytm Wallet, Paytm FASTag, and bank accounts can continue to use these instruments, including debit cards and net banking, for payments.