Paytm up by 5%, as RBI directs NPCI to review third-party app provider requests

One97 Communications shares, which operates under the brand name Paytm, hit 5 per cent upper circuit on Monday after the Reserve Bank of India (RBI) issued a directive to the National Payments Corporation of India (NPCI) to review third-party app provider request for unified payments interface (UPI) payments following its decision that Paytm Payments Bank will halt accepting further credits into customer accounts and wallets after March 15, 2024.

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