Paytm gets RBI's in-principle approval to issue prepaid wallets in India
One97 Communications is in focus.
· BS Companies
Paytm Payments Services has received in-principle RBI authorisation to issue prepaid payment instruments, including wallets, subject to obtaining final approval from the central…
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
Related coverage
Paytm shares at ₹1,925, close in on IPO listing-day high after 100% rally from March lows. What led a recovery?
Paytm gets RBI nod for digital wallet business: When can users add money and make payments through Paytm Wallet again?
Paytm zooms 7%, reclaims ₹1,900 for 1st time since listing day in Nov 2021
UPI MDR rollout after Diwali: What it means for Paytm, MobiKwik and Pine Labs | What investors should know
Nifty could move to 25,500-25,750; Paytm among 3 stock ideas: Ajit Mishra