Is Paytm Caught Between a Rock and a Hard Place?
Paytm stock was among the worst performers at the bourses this week, thanks to its management announcing plans to scale down postpaid loans of ticket size less than ₹50,000. The decision is a pre-emptive measure, according to Paytm, after consultation with its lending partners, given the present market conditions and regulatory changes. At ₹651.90 a …