One 97 Communications Limited — Important, 12-08-2025: Updates

Paytm's subsidiary, Paytm Payments Services Limited (PPSL), has received in-principle authorization from the RBI to operate as an Online Payment Aggregator. This is a key development for their payments business. Crucially, the RBI has also withdrawn the prior restrictions on PPSL for onboarding new merchants. This move clears the path for PPSL to expand its merchant base and scale up its online payment aggregation services, positively impacting its operational growth and market presence. This signals a significant step forward for Paytm in its core fintech operations.