India’s Paytm plunges 20% after RBI halts payments bank business
By Chris Thomas, Ira Dugal and Siddhi Nayak BENGALURU/MUMBAI (Reuters) - Indian digital payments firm Paytm lost a fifth of its market value on Thursday after the central bank ordered its payment bank subsidiary to halt its business, threatening the company's
India’s Paytm tumbles on plan to curtail low-value personal loans
By Rama Venkat BENGALURU (Reuters) - India's Paytm plunged as much as 20% on Thursday, its steepest decline since listing two years ago, as the digital payments firm will give out fewer low-value personal loans after the central bank tightened rules