Why have Paytm share prices crashed?

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Paytm — hit a new all-time low of Rs 672 per share after falling 12% approximately in early trade on Monday.

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Why is Paytm’s share price falling?

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What is the way forward for Paytm Payments Bank?

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Where does Paytm’s share price stand now?

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Why have Paytm share prices crashed?

Paytm — hit a new all-time low of Rs 672 per share after falling 12% approximately in early trade on Monday.

Why is Paytm’s share price falling?

The latest tumble in the company’s share price is on account of a ban by the Reserve Bank of India (RBI) on Paytm Payments Bank from onboarding any new customers.

What is the way forward for Paytm Payments Bank?

The RBI has also directed the payments bank to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system.

Where does Paytm’s share price stand now?

Through the initial public offering at the issue price, the company had sought a valuation of Rs 1.39 lakh crore, and as of early Monday its market capitalisation stood at Rs 44,423 crore.