Announced Sat, 25 Apr · 20:02 IST

Paytm Payments Bank to wind up after RBI cancels banking licence

Strategic Transactions View source PDF

PAYTM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹1153.00
prior close
₹1084.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-1.8-1.6-0.7-2.1-4.1-4.9-3.3-5.3+3.8-2.9-2.2-1.7+12.1
Up moveDown movePending
AI summary

Paytm Payments Bank (PPBL), an associate of One 97 Communications, will wind up after the RBI cancelled its banking licence on April 24, 2026. PPBL's board and shareholders approved winding-up resolutions on April 25. PPBL contributed nil to Paytm's turnover and net worth last year. Paytm states no material impact on its business, and all services — app, UPI, QR, Soundbox, Gold, payment gateway — will continue uninterrupted.

Likely market impact

No material financial impact expected since PPBL contributed nil revenue. Core Paytm services unaffected; sentiment impact likely limited.