US EditionIndia's Paytm Slumps over 8% After RBI Cancels Banking Licence for Its Payments Bank
The central bank cited depositor risk and prior rule violations, while analysts said Paytm’s current business faces limited immediate impact.
- On Monday, shares of One97 Communications fell over 8% after the Reserve Bank of India cancelled the banking licence of Paytm Payments Bank Limited last week.
- The Reserve Bank stated "no useful purpose or public interest would be served by allowing the bank to continue," citing two years of non-compliance with rules including customer due diligence and technology infrastructure.
- On Saturday, the board of One97 Communications approved the winding up of Paytm Payments Bank, after the parent company had already de-risked by writing off its investment by March 31, 2024.
- Analysts at BofA Securities said current business remains unaffected, but warned "we see risks that in the future it may become harder for Paytm to obtain any potential licences from RBI."
- Despite the licence revocation, Paytm Payments Bank maintains sufficient liquidity to settle all deposit liabilities, per the Reserve Bank of India's official statement.
19 Articles
19 Articles
India's Paytm trims losses; analysts see limited hit from bank unit licence scrapping
April 27 : Shares of India’s One 97 Communications, commonly known as Paytm, recouped most losses on Monday afternoon, as analysts said the cancellation of an associate firm's payment bank licence would have a limited impact on the fintech company.The stock initially fell as much as 8.4 per cent in its big
Paytm Shares Plummet After RBI Axes Payments Bank Licence
Paytm's parent company, One97 Communications, experienced an over 8% drop in share prices after the RBI cancelled Paytm Payments Bank's licence. The cancellation was due to non-compliance and potential harm to depositors' interests. Paytm Payments Bank remains solvent, despite the regulatory scrutiny.
India's Paytm slumps over 8% after RBI cancels banking licence for its payments bank
Shares of payment and financial services provider Paytm fell as much as 8.4% on Monday, their biggest intraday drop in over three months, after India's central bank last week cancelled the banking licence of Paytm Payments Bank Limited.
Paytm Share Price Today, April 27, 2026: Stock Slides 7% As RBI Cancels Paytm Payments Bank Licence
Shares of One 97 Communications Ltd (NSE: Paytm) fell sharply on April 27, 2026, with the stock dropping 7.25% to INR 1,064.15 in early trade. The decline follows a major regulatory action by the Reserve Bank of India, which cancelled the banking licence of Paytm Payments Bank over non-compliance with regulatory norms. Paytm Share Price Today, April 27, 2026: Stock Slides 7% As RBI Cancels Paytm Payments Bank Licence.
Paytm share price crashes 8% after RBI cancels Paytm Payments Bank License — Should you buy, sell or hold?
Following the RBI's cancellation of Paytm Payments Bank's license, Paytm shares fell 8%. Bernstein believes this won't impact Paytm's financials, as operations were already suspended. Market reaction focuses on regulatory uncertainty, not immediate operational disruptions.
Coverage Details
Bias Distribution
- 57% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
