‘In-principle’ authorisation: Paytm gets RBI nod to operate as online payment aggregator ending onboarding freeze; shares hit 52-week high with 5% surge
Paytm shares surge after RBI authorisation NEW DELHI: Paytm Payments Services has secured approval from the Reserve Bank of India to function as an online payment aggregator, according to a regulatory filing by its parent organisation One 97 Communications on Tuesday.This approval lifts the restrictions placed on Paytm Payments Services Limited (PPSL) regarding new merchant…