Macquarie Sees 36% Downside For Paytm, Morgan Stanley Predicts 47% Upside - BloombergQuint

The probability of Paytm getting a banking licence is significantly lower now, impeding its ability to lend, Macquarie says.

Macquarie Research cut its target price for One97 Communications Ltd. shares as it sees tough times ahead for the parent of the digital payments platform Paytm. To gain scale and size, fintechs need… [+1309 chars]

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