Paytm app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
Shares of India’s Paytm (PAYT.NS) plunged 10.4% in pre-open trade on Thursday, a day after the digital payments firm said it will issue fewer sub-50,000-rupee (about $600) personal loans, weeks after the central bank tightened rules on consumer lending.
Reporting by Rama Venkat in Bengaluru; Editing by Mrigank Dhaniwala
