{"id":25107,"date":"2026-04-27T19:43:06","date_gmt":"2026-04-27T14:13:06","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=25107"},"modified":"2026-04-27T19:43:06","modified_gmt":"2026-04-27T14:13:06","slug":"paytm-stock-recovers-to-0-83-after-rbi","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/paytm-stock-recovers-to-0-83-after-rbi\/","title":{"rendered":"Paytm Stock Recovers to -0.83% After RBI Cancels Payments Bank Licence"},"content":{"rendered":"<p data-section-id=\"1bb5ctx\" data-start=\"547\" data-end=\"637\">April 27 Trading Sees Sharp Reversal as Investors Assess Limited Core Business Impact<\/p>\n<p data-start=\"639\" data-end=\"885\">Shares of <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">One97 Communications<\/span><\/span> recovered sharply on Monday, April 27, after an initial sell-off triggered by regulatory action against its subsidiary, <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Paytm Payments Bank Limited<\/span><\/span>.<\/p>\n<p data-start=\"887\" data-end=\"1048\">The stock dropped 8.38% to \u20b91,051.10 in early trade but later pared most losses to close at \u20b91,137.80, down 0.83%, reflecting a strong intraday recovery.<\/p>\n<p data-start=\"1050\" data-end=\"1294\">The decline followed a decision by the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Reserve Bank of India<\/span><\/span> (RBI) to cancel the payments bank\u2019s licence, effective from the close of business on April 25, citing operations conducted in a manner \u201cdetrimental to depositors.\u201d<\/p>\n<p data-start=\"1327\" data-end=\"1520\">Also Check :<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty50-contributors\">Nifty 50<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty-bank-contributors\">Bank Nifty<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/stocks-price\/bse\">Sensex<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2 data-section-id=\"v8629m\" data-start=\"1296\" data-end=\"1358\">RBI Action Targets Payments Bank, Not Core Paytm Business<\/h2>\n<p data-start=\"1360\" data-end=\"1471\">The RBI said Paytm Payments Bank has sufficient liquidity to repay depositors as part of the wind-down process.<\/p>\n<p data-start=\"1473\" data-end=\"1607\">The regulatory action applies only to the banking subsidiary and does not directly affect the listed parent company\u2019s core operations.<\/p>\n<p data-start=\"1609\" data-end=\"1748\">In an exchange filing, One97 Communications said it has no exposure to PPBL, having fully impaired its investment as of March 31, 2024.<\/p>\n<p data-start=\"1609\" data-end=\"1748\">Read More : <a href=\"https:\/\/www.niftytrader.in\/markets\/hdfc-bank-axis-bank-cut-headcount\/\">HDFC Bank, Axis Bank Cut Headcount in FY26 as Tech Spending Rises<\/a><\/p>\n<h2 data-section-id=\"z2mxz5\" data-start=\"1750\" data-end=\"1828\">Analysts Say Impact Is Limited as Structural Separation Already Completed<\/h2>\n<p data-start=\"1830\" data-end=\"1936\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Abhinav Tiwari<\/span><\/span> said the development is <em data-start=\"1892\" data-end=\"1917\">\u201cfundamentally neutral\u201d<\/em> for the company.<\/p>\n<p data-start=\"1938\" data-end=\"2081\"><em data-start=\"1938\" data-end=\"2070\">\u201cThe event largely formalises the closure of a non-core, non-contributing entity rather than introducing a fresh financial shock,\u201d<\/em> he said.<\/p>\n<p data-start=\"2083\" data-end=\"2271\">He added that Paytm\u2019s core business continues to be driven by payments and financial services distribution, while margin trajectory and regulatory developments remain key monitorables.<\/p>\n<h2 data-section-id=\"19idj8o\" data-start=\"2273\" data-end=\"2340\">Global Brokerages Maintain Positive Ratings and Growth Outlook<\/h2>\n<p data-start=\"2342\" data-end=\"2483\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Jefferies<\/span><\/span> reiterated a \u201cBuy\u201d rating with a price target of \u20b91,350, implying an upside of about 18%.<\/p>\n<p data-start=\"2485\" data-end=\"2703\">The brokerage said the company had already undertaken structural changes over the past two years, including UPI migration, wallet shutdown, inter-company separation, and full impairment of its payments bank investment.<\/p>\n<p data-start=\"2705\" data-end=\"2952\">Jefferies expects revenue CAGR of 22% between FY26 and FY28 and profit after tax of around \u20b91,700 crore by FY28. It highlighted improving profitability trends, although it did not disclose a specific EBITDA margin target in the cited note.<\/p>\n<p data-start=\"2954\" data-end=\"3163\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Bernstein<\/span><\/span> maintained an \u201cOutperform\u201d rating with a price target of \u20b91,500, implying about 31% upside, noting that the regulatory action is limited to the banking entity.<\/p>\n<h2 data-section-id=\"fr5cps\" data-start=\"3165\" data-end=\"3202\">Key Risks Investors Are Watching<\/h2>\n<ul data-start=\"3204\" data-end=\"3552\">\n<li data-section-id=\"cw1n5x\" data-start=\"3204\" data-end=\"3273\">Regulatory overhang: Continued scrutiny in the fintech sector<\/li>\n<li data-section-id=\"1n27c8l\" data-start=\"3274\" data-end=\"3389\">Margin trajectory: Sustainability of profitability improvements without disclosed long-term margin guidance<\/li>\n<li data-section-id=\"2s900u\" data-start=\"3390\" data-end=\"3552\">Execution risk: Scaling financial services distribution depends on partner bank integrations, merchant adoption, and regulatory approvals for new products<\/li>\n<\/ul>\n<h2 data-section-id=\"1kr0wxx\" data-start=\"3554\" data-end=\"3598\">FAQs: Paytm RBI Action and Stock Impact<\/h2>\n<p data-start=\"3600\" data-end=\"3738\"><strong data-start=\"3600\" data-end=\"3635\">Why did Paytm stock fall today?<\/strong><br data-start=\"3635\" data-end=\"3638\" \/>The stock fell after RBI cancelled the licence of Paytm Payments Bank for regulatory non-compliance.<\/p>\n<p data-start=\"3740\" data-end=\"3855\"><strong data-start=\"3740\" data-end=\"3779\">Why did Paytm shares recover later?<\/strong><br data-start=\"3779\" data-end=\"3782\" \/>Investors reassessed that the impact is limited to a non-core subsidiary.<\/p>\n<p data-start=\"3857\" data-end=\"3994\"><strong data-start=\"3857\" data-end=\"3892\">Is Paytm safe after RBI action?<\/strong><br data-start=\"3892\" data-end=\"3895\" \/>Yes, the company said it has no exposure to the payments bank, and core services continue normally.<\/p>\n<p data-start=\"3996\" data-end=\"4102\"><strong data-start=\"3996\" data-end=\"4042\">What is Jefferies\u2019 target price for Paytm?<\/strong><br data-start=\"4042\" data-end=\"4045\" \/>Jefferies has a target price of \u20b91,350 with a Buy rating.<\/p>\n<p data-start=\"4104\" data-end=\"4241\"><strong data-start=\"4104\" data-end=\"4154\">What happens to Paytm Payments Bank customers?<\/strong><br data-start=\"4154\" data-end=\"4157\" \/>RBI said the bank has sufficient liquidity to repay depositors during the wind-down.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>April 27 Trading Sees Sharp Reversal as Investors Assess Limited Core Business Impact Shares of One97 Communications recovered sharply on Monday, April 27, after an initial sell-off triggered by regulatory action against its subsidiary, Paytm Payments Bank Limited. The stock dropped 8.38% to \u20b91,051.10 in early trade but later pared most losses to close at [&hellip;]<\/p>\n","protected":false},"author":4,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1331],"class_list":{"0":"post-25107","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":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/25107","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=25107"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/25107\/revisions"}],"predecessor-version":[{"id":25109,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/25107\/revisions\/25109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/25108"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=25107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=25107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=25107"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=25107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}