As hopes of a quick resolution to regulatory issues faded, shares of Paytm operator One 97 Communications fell 7.33% to Rs 413 on the BSE on Friday. Today's drop comes after the stock closed Thursday's session down 10%.
Speaking to reporters at the end of the monetary policy committee meeting on Thursday, RBI officials remained tough on Paytm, saying the action was taken after a persistent breach and that the fintech had been given enough time to take corrective action.
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