Paytm shares hit record low on fears of customer loss

BENGALURU, Feb 13 (Reuters) – Shares of Indian payments firm Paytm, opens new tab dropped 8.5% to a record low of 386.25 rupees on Tuesday after brokerage Macquarie downgraded the stock, citing the “serious risk of exodus of customers” following the Indian

Paytm confirms resignation of director at banking arm

BENGALURU, Feb 12 (Reuters) – Indian financial technology company Paytm, opens new tab on Monday confirmed media reports of an independent director at its banking arm having resigned. Manju Agarwal resigned from the board of Paytm Payments Bank on Feb. 1 due