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RBI cancels Paytm Payments Bank license but analysts still see 30% upside for One 97 stock

Business
Published on 25 April 2026
RBI cancels Paytm Payments Bank license but analysts still see 30% upside for One 97 stock

Analysts downgrade slightly yet bet on fresh licenses

The RBI cancelled Paytm Payments Bank’s license for regulatory non-compliance, pointing to harmful operations and issues with management. Bernstein calls the move incrementally negative for One 97 Communications but keeps an “Outperform” rating, estimating up to 30% upside. Paytm says its core services are unaffected and expects continuity while the business navigates the fallout.

  • RBI cancelled Paytm Payments Bank’s license over regulatory non-compliance
  • Bank decisions cite harmful operations and management concerns
  • Bernstein keeps “Outperform” and expects possible new licenses
  • Paytm insists core services continue running
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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