India's Paytm posts narrower sequential loss before one-offs on payments business recovery

Quick Summary:

India's Paytm reported a narrower sequential loss before exceptional items on Monday as its digital payments business recovered from the winding down of its payments bank unit.

The company posted a loss of 2.08 billion rupees ($24.

FILE PHOTO: A QR code sticker of the digital payment app Paytm is seen outside a grocery store in Kolkata, India July 9, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeIndia

Topics: Payments Mediacorp Quarter Items Exceptional Digital Paytm Billion Loss Experience India

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 13:12:55 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 141 words

Reading Time: 1 minutes read

Sentences: 17 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 25276135

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 20 posts per day

Year Established: 1999

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News Last Updated: 26 minutes ago

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