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From The Hindu

Owned by Kasturi & Sons Ltd.

India's Paytm gets preliminary RBI nod for wallet licence; shares hit record high

India's Paytm gets preliminary RBI nod for wallet licence; shares hit record high

What's behind this

Paytm Payments Services Limited, a subsidiary of One 97 Communications, has received an in‑principle approval from the Reserve Bank of India to issue prepaid payment instruments such as wallets. The nod comes more than two years after the RBI barred Paytm Payments Bank from accepting fresh deposits and wallet top‑ups and earlier this year cancelled its banking licence. Under the approval, PPSL must submit a system audit report within six months. Following the announcement, Paytm’s shares rose to a 52‑week high, pushing the stock above the Rs 1,900 level.

AI-generated overview from 6 outlets. It summarises their reporting and adds no reporting of its own.

RSS excerpt

Paytm Payments Services ‌will ⁠be able to ⁠offer prepaid payment instruments, including wallets, to customers after receiving the central ​bank’s final ‌authorisation, says company

Coverage arrived over 21 hours. First from The Times of India, latest from The Hindu.

High Corroboration 8 news outlets reporting

How this event was covered

First reported by The Times of India at 13:48 UTC on 12 Nov.

Everything here arrived on one day, and nothing since.

Across 2 desks: business, india.

All 8 newsrooms, and who owns them

Compare all reporting outlets (8)

  2. 12 minutes later
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  8. 10 minutes later
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  12. 4 minutes later
  14. 41 minutes later
  15. The Hindu Kasturi & Sons Ltd. Current article

    India's Paytm gets preliminary RBI nod for wallet licence; shares hit record high

    Paytm Payments Services ‌will ⁠be able to ⁠offer prepaid payment instruments, including wallets, to customers after receiving the central ​bank’s final ‌authorisation, says company

    Read at The Hindu ↗

Who did not run this

8 newsrooms ran this event. 5 others published in Business recently and did not.

See which 5 newsrooms
  • ABP Live ABP Group
  • Livemint HT Media Ltd.
  • NDTV Adani Group (AMG Media)
  • The Hindu Kasturi & Sons Ltd.
  • The Tribune The Tribune Trust

Counted from the newest hundred stories in the section, not from every newsroom in India.

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