Archive · 13 Aug 2025
Paytm's Stock Soars After RBI Nod, Hits 52-Week High
Paytm, the digital payments company, got approval from India's central bank, the RBI, to operate as a payment aggregator.
This means they can sign up new businesses to accept payments.
This news made the company's stock price jump to its highest point in a year.
The RBI had previously stopped them from adding new merchants, but this restriction is now lifted.
This approval is good news for Paytm and the digital payments market.
Paytm Payments Services Ltd (PPSL) received 'in-principle' authorization from the RBI.
The authorization allows PPSL to operate as an online payment aggregator.
Paytm's parent company, One97 Communications Ltd, announced the approval.
The approval lifts the restriction on onboarding new merchants, imposed since November 2022.
Shares of One97 Communications Ltd surged, reaching a 52-week high.
- Who
- Paytm Payments Services Ltd (PPSL), One97 Communications Ltd, and the Reserve Bank of India (RBI).
- What
- Paytm Payments Services Ltd (PPSL) received 'in-principle' authorization from RBI to operate as an online payment aggregator.
- When
- The authorization was granted on August 12, 2025, and merchant onboarding restrictions were lifted.
- Where
- India
- Why
- To operate as an online payment aggregator and to resume onboarding new merchants.
- Company
- Paytm Payments Services Ltd (PPSL)
- Authorization
- 'In-principle' authorization to operate as an Online Payment Aggregator
- Stock Price
- ₹1,186.50 (52-week high)
- Restriction Lifted
- Merchant onboarding restrictions from November 2022 withdrawn
- Parent Company
- One97 Communications Ltd
Sources
Paytm payments arm PPSL gets ‘in-principal’ approval from RBI to operate as online aggregator
Paytm Payments Services gets RBI nod to operate as online payment aggregator
RBI clears Paytm Payments Services to operate as online payment aggregator; lifts ban on new merchant onboarding
Paytm Payments Services gets RBI go-ahead for online payment aggregator licence
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