Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impact | KLF Times
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Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impact
By KLF Times Desk•27 Apr 2026, 08:28 am•
Article Summary
The shares of One 97 Communications, the parent company of fintech platform Paytm, tanked around 8% on Monday after the Reserve Bank of India (RBI) cancelled Paytm Payments Banks (PPBL) banking licen…
Paytm shares fell 8% after RBI cancelled Paytm Payments Bank’s licence but recovered sharply as brokerages stayed bullish. Analysts see limited financial impact, citing separation from PPBL and strong core business momentum. Jefferies, Goldman and Bernstein r…
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