Paytm hits upper circuit as NPCI allows UPI operation via SBI, 3 other banks – Times of India

[ad_1] NEW DELHI: Shares of Paytm‘s parent company, One97 Communication, hit upper circuit on Friday following National Payments Corporation of India (NPCI) approval to join UPI as a Third-Party Application Provider (TPAP) under a multi-bank model.Paytm shares surged nearly 5% or 17.65 points to 370.70 from its previous close of 353.05. Paytm will collaborate with…

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