Paytm Shares Surge to 52-Week High After RBI Grants Payment Aggregator Licence
Paytm's parent company One 97 Communications saw its shares jump 5.38% to ₹1,180.30, hitting a 52-week peak of ₹1,187 after the Reserve Bank of India granted in-principle approval for its subsidiary to operate as an online payment aggregator. The authorization, dated August 12, 2025, comes after Paytm resubmitted its application following foreign direct investment clearance in 2024.
Trading volumes surged to 134.48 lakh shares worth ₹1,574.45 crore, with deliverable quantity making up 39.06% of total trades. The RBI's decision also lifts previous merchant onboarding restrictions imposed in November 2022, allowing Paytm to expand its payment services. At ₹75,369 crore market capitalization, the stock's recovery signals strong investor confidence in the fintech firm's regulatory compliance.