Paytm COO Bhavish Gupta said that the company will not be issuing new loans for "maybe a couple of weeks" before resolving operational challenges posed due to RBI restriction
Paytm said PPBL is taking immediate steps to comply with RBI directions, including working with the regulator to address their concerns as quickly as possible
Paytm in its Q3FY24 results, released on Friday, informed that its revenue stood at Rs 2,850 crore, registering a growth of 38 per cent YoY, driven by accelerated GMV growth, higher device addition, etc.