Paytm shares fall 9% in three session; here’s why
On Wednesday, Paytm shares declined as much as 4.6% to hit an intraday low of ₹825.35 on the BSE.
fintech industry
September 2023
August 2023
What does the future hold for Indian fintechs?
The profitability outlook for Indian fintechs has improved substantially amid expectations that the revenue would rise to $190 billion by 2030 from $17 billion in 2022, predicts BCG.
Zaggle sets price band at ₹156-164 for its ₹563 cr IPO; issue opens on Sept 14
The IPO comprises a fresh issue of equity shares worth ₹392 crore and an offer for sale of 1.04 crore shares by promoters and existing shareholders.
Loss-making cos aided fintech sector growth: Kunal Shah
CRED’s founder says that a bulk of the UPI growth has come with the help of such companies as they create distribution and a positive change of consumer behaviour.
Indian fintech will be 13% of global industry by 2030: RBI Guv
In his address, he notes that customer-centricity, governance, and self-regulation are critical for the fintech ecosystem to be stable and future-ready.
Self-regulation must play far more active role in fintech sector: RBI deputy governor
self-regulatory organisations could play a pivotal role in the fintech industry by promoting responsible practices and maintaining ethical standards, says T Rabi Sankar.
Battle to Watch: Jio Fin vs Bajaj Fin
Reliance, with its scale and capital, will make it tough for NBFC incumbents and fintech players to grab incremental market share.
Paytm shares hit fresh 52-week on huge block deal; Antfin likely seller
Alibaba Group subsidiary Antfin is looking to sell 3.6% stake in Paytm through a block deal today at a floor price of ₹880.10 per share.
Infibeam Avenues to list digital marketing arm; plans to foray into AI space
Odigma Consultancy Solutions, which is into web development and online marketing, will be listed on domestic stock exchanges
Paytm shares jump 16% in 2 sessions; here’s why
Paytm founder and CEO Vijay Shekhar Sharma will acquire 10.30% stake in the company from Antfin, via his 100% owned overseas entity, Resilient Asset Management B.V.
