Paytm Shares Crash 20 Percent to Lower Circuit as RBI Puts Restrictions on Its Payments Bank
Paytm shares opened lower at Rs 608.80 per share on the Bombay Stock Exchange (BSE) and hit a 20% lower circuit within a few minutes of the stock market’s opening bell.
In the wake of the Reserve Bank’s restrictions on Paytm’s payment bank, Paytm’s share price today experienced significant selling pressure. Paytm shares opened lower at Rs 608.80 per share on the Bombay Stock Exchange (BSE) and hit a 20% lower circuit within a few minutes of the stock market’s opening bell. This sharp drop reflects the market’s reaction to the Reserve Bank’s recent actions. RBI Action Against Paytm: Reserve Bank of India Stops Paytm Payments Bank From Accepting Fresh Deposits After February 29, Here’s Why.
Paytm Share Crash
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