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Paytm Shares Rise After Government Nod for Downstream Investment in Payment Services Arm
August 29, 2024 New Delhi, India Paytm Shares Paytm, through its parent company One 97 Communications, is set to reapply for a payments aggregator (PA) licence from the government after receiving approval for downstream investment into its payments arm, Paytm Payments Services Limited (PPSL). This move comes after regulatory challenges faced by its lending unit,…