Paytm clarifies progress on licensing, says no deferral notice on investment in payments arm

[Bilgin]

Paytm clarifies progress on licensing, says no deferral notice on investment in payments arm Paytm has refuted reports of the government deferring approval for its investment in Paytm Payments Services as ‘speculative’, and highlighted its commitment to India, compliance with RBI regulations, and founder Vijay Shekhar Sharma's significant stake.