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How Paytm Turned Profitable? A Case Study
On January 31, 2024, digital payments giant Paytm was hit with a major crisis. The Reserve Bank of India (RBI) imposed a strict penalty, halting transactions on its payments bank and sending shockwaves through the company. Millions of customers and merchants were left without a bank, and in just three days, Paytm’s stock lost more than half ...
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