The RBI has cancelled Paytm Payments Bank’s license due to regulatory non-compliance, citing detrimental operations and prejudiced management. While Bernstein views this as incrementally negative for parent One 97 Communications, they maintain an ‘Outperform’ rating, seeing potential for new licenses. Paytm assures stakeholders its core services remain unaffected.
Oil and data centre stocks sink after US midterms
Following the US midterm election outcomes, significant shifts have been noted, influencing both oil prices and Asian stock markets. This week, Brent crude futures plummeted
November 5, 2026