All Bout Corps

In the Clarification Note against running rumors of "Paytm’s PA license application was rejected."

Paytm Said : Reserve Bank of India (RBI) has not rejected our application, it has simply asked us to reapply in 120 days with certain info. Our online services to existing partners will continue, as will new offline merchant onboarding. This has no material impact on our business and revenues. Rest assured, we are taking all the necessary steps and are hopeful of getting the required approvals soon. We hope we have been able to clarify and urge you to revisit your post to present the facts to your readers.