There is a continuous news about Paytm. On Wednesday, a good news came about the company. The company will now be able to add new customers on the UPI platform. NPCI-National Payments Corporation of India approved adding new UPI users. On Wednesday, the stock opened at Rs 720.00 against the closing price of Rs 686.45. After this, the stock went down. But now (10 am) there has been a recovery. The stock has gone up by 5 percent.

Paytm stock performance - 10 percent rise in one month, 60 percent in three months. However, the stock has fallen 20 percent in one year. (Goldman Sachs increased the tension of the stock market - reduced the rating of Indian markets, told what will happen next?)

In early 2024, the Reserve Bank of India banned Paytm's subsidiary Paytm Payments Bank from adding new UPI users. Paytm's UPI service was run by Paytm Payments Bank but due to the action of the central bank RBI, it had to run on the third party app model. It had to add Axis Bank, Yes Bank, SBI and HDFC Bank as its payment service provider (PSP) banks so that they could become its partners in the TPAP service. PSP banks connect UPI apps to the banking network which till now was Paytm Payments Bank for Paytm.