{"id":13463,"date":"2025-08-13T11:08:59","date_gmt":"2025-08-13T05:38:59","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=13463"},"modified":"2025-08-13T11:10:34","modified_gmt":"2025-08-13T05:40:34","slug":"paytm-shares-rally-rbi-approval-pps","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/paytm-shares-rally-rbi-approval-pps\/","title":{"rendered":"Paytm Shares Rally on RBI Approval for PPSL"},"content":{"rendered":"<p data-start=\"587\" data-end=\"830\"><a href=\"https:\/\/www.niftytrader.in\/stocks-price\/paytm\">Paytm\u2019s<\/a> stock gained strong momentum on Wednesday, August 13, after the Reserve Bank of India (RBI) granted an in-principle approval to its subsidiary, Paytm Payments Services Ltd. (PPSL), to function as an online payment aggregator.<\/p>\n<p data-start=\"832\" data-end=\"1056\">The approval marks a significant development for PPSL, a wholly-owned arm of One97 Communications, as it can now resume onboarding new merchants \u2014 a process that had been under RBI\u2019s freeze since November 2022.<\/p>\n<h3 data-start=\"1063\" data-end=\"1092\">Stock Soars Over 6%<\/h3>\n<p data-start=\"1093\" data-end=\"1324\">Following the news, Paytm\u2019s share price surged as much as 6% to \u20b91,186 in Wednesday\u2019s trade. The rally also extends the company\u2019s strong performance over the past month, with shares rising more than 17% during the period.<\/p>\n<p>Also Read: <a href=\"https:\/\/www.niftytrader.in\/content\/hero-motocorp-shares-gain-1-86-nifty-50\/\">Hero MotoCorp Gains on Nifty 50: Share Price Up 1.86%<\/a><\/p>\n<h3 data-start=\"1331\" data-end=\"1365\">Conditions with Approval<\/h3>\n<p data-start=\"1366\" data-end=\"1515\">While lifting the curbs, the RBI has directed PPSL to conduct a comprehensive system audit, which will also include a cybersecurity review.<\/p>\n<p data-start=\"1517\" data-end=\"1750\">The regulator has set a six-month deadline for submitting this audit report. If the company fails to comply, the provisional approval will automatically lapse, and the application for a final licence will not be considered.<\/p>\n<h3 data-start=\"1757\" data-end=\"1789\">Significance for Paytm<\/h3>\n<p data-start=\"1790\" data-end=\"2038\">This in-principle nod from the RBI is crucial for Paytm\u2019s payments business, as merchant onboarding is a core part of its operations. The resumption of this process could help boost transaction volumes and merchant partnerships going forward.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paytm\u2019s stock gained strong momentum on Wednesday, August 13, after the Reserve Bank of India (RBI) granted an in-principle approval to its subsidiary, Paytm Payments Services Ltd. (PPSL), to function as an online payment aggregator. The approval marks a significant development for PPSL, a wholly-owned arm of One97 Communications, as it can now resume onboarding [&hellip;]<\/p>\n","protected":false},"author":10,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1386],"class_list":{"0":"post-13463","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1386,"user_id":10,"is_guest":0,"slug":"ruchikadave","display_name":"Ruchika Dave","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=13463"}],"version-history":[{"count":3,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13463\/revisions"}],"predecessor-version":[{"id":13468,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13463\/revisions\/13468"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/13464"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=13463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=13463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=13463"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=13463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}