Monday February 26, 2024

Indian central bank’s clampdown wipes $2.1 billion off Paytm
  Posted by: TechCrunch on Feb 2nd, 2024 3:54 AM

Shares of Paytm fell another 20% Friday before hitting the lower circuit that temporarily halts trading as the Indian financial services firm reels from the clampdown by the central bank. Paytm fell to 487 Indian rupees, or $5.88 within minutes of the market opening, the lowest it has hit in 55 weeks. Paytm shares also […]

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