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Paytm expects to lose Rs 300-500 crore after RBI action on its payments bank

Paytm expects to lose Rs 300-500 crore after RBI action on its payments bank
The Reserve Bank of India (RBI) has ordered Paytm Payments Bank (PPBL) to cease almost all its services after February 29, resulting in an estimated impact of Rs 300–500 crore on the company's annual operational profit.

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