Budget 2024: Paytm Shares Witness 40% Decline After RBI Bans Paytm Payments Bank Services

Paytm Payments Bank Ban: Recently, the Reserve Bank of India (RBI) announced a ban on Paytm Payments Bank. This decision comes after RBI claimed that Paytm violated the rules, forcing the ban of Paytm Payments Bank. As soon as the news came out, Paytm’s share fell by about 40%. This means that along with common investors, the investment of several large companies in the company has also been halved. Let us know the list of all the investors of Paytm.

Paytm Investors

The company holds 9.89% of the Netherlands’ Antfin and 10.83% shares in Saif Sree Mauritius. It also has 6.46% shares in SBA Folding in India. Along with this, the company has 4.88% shares in Axis Trustee Services. Apart from these, it also has 4.60% shares in Saif Partners India, 2.51% shares in Mirai Assets, and 1.33% shares in Europe’s leading bank BNP. Previously, Chinese company Alibaba had a share of about 40% in Paytm but the company diluted all of its shares from the company.