The Hindu
int · 1 hrs ago
AI scored
Paytm rules out NBFC licence plans after RBI cancels PPBL’s banking licence
78Accuracy
centreBias
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Accuracy 78/100
Partisan intensity 15/100
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Centre / Neutral ✓ Fair headline
Paytm has decided to abandon plans for obtaining an NBFC (non-banking financial company) licence following the RBI's cancellation of Paytm Payments Bank Limited's banking licence, and will instead focus on partnerships and payment market expansion.
Paytm rules out NBFC licence plans after RBI cancels PPBL’s banking licence
Paytm abandons NBFC licence plans and decides to focus more on partnerships and growing payment market opportunities
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