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Paytm shares plunge 8% after RBI cancels Paytm Payments Bank license
Business
Published on 27 April 2026
RBI move wipes out the Payments Bank license
Paytm shares fell as much as 8% to an intraday low of Rs 1055.25 on April 27 after the RBI cancelled the license of Paytm Payments Bank Ltd. The central bank’s decision follows tighter restrictions on the payments bank’s core activities, adding fresh uncertainty for investors tied to Paytm’s fintech business.
- Paytm shares dropped up to 8% to Rs 1055.25 intraday
- RBI cancelled the license of Paytm Payments Bank Ltd
- The decision follows earlier restrictions on key bank activities
- Markets now weigh impact on Paytm’s fintech outlook
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic