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Will Paytm keep CRASHING or Make a COMEBACK? What does it mean for INDIAN Fintech companies?
( 1171810 viewed : 37577 like : 1102 comments ) Join the 1% Club using this link: [ 🔗 Click ‼️ ] I love paytm and will support VSS. He is an inspiration and he will get over the hurdles. Fintech is a new industry and it is very tough to balance customer and govt expectation. Unless I have a relevant data about what they have done wrong, i will support them. About the video :On 31st January 2024, The Reserve Bank of India (RBI) barred Paytm Payments Bank from offering all its core services. As a result, paytm lost 2 billion dollars in market value! Now in the process, 300 million wallets, 30 million bank accounts, and eight million Fastags in paytm’s portfolio are being affected! And whats even worse is that, this is not the first time RBI has slapped paytm with restrictions. RBI banned PPB from onboarding new users in 2018, and 2022, RBI rejected their payment aggregator license, they issued them a 5.4cr penalty and the ED has even raided their premises. Now while most people might directly blame paytm, Ashneer grover interestingly said, while the government toots the horn of UPI across the world, its punishing the pioneers in the space, and its killing the sector. So on one side, while we are seeing it as strong RBI restrictions to prevent big playera from flouting rules, Foreign investors might see India as Anti -Start up because of these big steps that penalise the pioneers of India! And this might affect our reputation among the investors! So let’s dive into one of the craziest case studies of the year and understand, Why is the RBI being so Harsh on paytm? What did they do wrong? Will you be affected if you use Paytm’s UPI and Fastag? Can paytm survive this crash? And most importantly, what are the lessons that we need to learn from this massive Paytm fiasco? ⭐️ Think School’s flagship Communication course with an exclusive workshop on Chat GPT included: [ 🔗 Click ‼️ ] Our Best Indian Business Case Studies: 1. Asian paints - [ 🔗 Click ‼️ ] 2. Amul - [ 🔗 Click ‼️ ] 3. Haldiram - [ 🔗 Click ‼️ ] 4. Lijjat Papad - [ 🔗 Click ‼️ ] ✅Study Materials: Study Materials [ 🔗 Click ‼️ ] [ 🔗 Click ‼️ ] [ 🔗 Click ‼️ ] [ 🔗 Click ‼️ ] Think School is a Digital School that we all deserved, but never had ►►Check out Think School's Online courses: [ 🔗 Click ‼️ ] 1% Club, Finance Community, Retire Early, Financial Freedom, Personal Finance, Stock Market, Financial Independence, FinancewithSharan Thanks for supporting us for this video #paytm #paytmcrash #paytmstock #paytmshare #thinkschool #businesscasestudy #geopolitics Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law. [ 2024-02-05T14:00:11Z ] :flashminiupdate:2024-10-06 :::: Visit my YouTube channel @ Original Cr. ( [ 🔗 Click ‼️ ] )
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