RBI gives nod for Paytm to operate as online payment aggregator

Reserve Bank of India’s nod to operate as an online payment aggregator. The Shares of One97 Communications Ltd, the owner of the Paytm brand, jumped 6 per cent on Wednesday.

The stock market surged 5.94 per cent to hit its 52-week high of Rs 1,186.50 on the Bombay Stock Exchange.

At the NSE, it jumped 5.98 per cent to Rs 1,187 — the 52-week



peak.

“Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of One97 Communications Limited (OCL or the Company), for a Payment Aggregator (PA) licence. We would like to inform you that Reserve Bank of India (RBI) has granted ‘in-principle’ authorisation to PPSL vide its letter…dated August 12, 2025, to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007,” the filing said.