Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impact
- Posted on April 27, 2026
- By Business News Today
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- 1 min read
Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impact
Paytm shares fell 8% after RBI cancelled Paytm Payments Banks licence but recovered sharply as brokerages stayed bullish. Analysts see limited financial impact, citing separation from PPBL and strong core business momentum. Jefferies, Goldman and Bernstein retained positive ratings, though risks to sentiment remain. Technical indicators suggest near-term volatility, with key support around Rs 1,050 and resistance near Rs 1,150.
