Paytm gets RBI nod for digital wallet business: When can users add money and make payments through Paytm Wallet again?
One97 Communications is in focus.
· LiveMint Companies
Paytm has received preliminary RBI approval to issue digital wallets through its subsidiary PPSL. The company must complete a system and cybersecurity audit and obtain final authorisation before restarting its wallet services for customers.
The analysis
Against that, the stock is +0.8% on the day at ₹1,939.90, and has returned +17.6% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The financial services sector has moved -7.5% over the same period, so One97 Communications is running 25.1 points ahead of its peers.
For One97 Communications, the question is how much of this is already reflected in the price and how much re-rates the financial services peer set alongside it.
Why it matters
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- In focus: One97 Communications (Paytm) (PAYTM), in Financial Services.
- Over three months: One97 Communications (Paytm) +17.6% against Financial Services -7.5% (25.1 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| One97 Communications (Paytm)PAYTM · Financial Services | ₹1,939.90 | +0.8% | +13.1% | +17.6% | 0.0% | 1.5× | — |
Financial Services
1M +0.7% · 3M -7.5%
One97 Communications (Paytm)
Prices as of 13 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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