Paytm's Path to Profitability: Reapplying for RBI Payment Aggregator License

Published on: September 13, 2024 - Paytm is once again gearing up to reapply for the Payment Aggregator (PA) license with the RBI after its initial rejection in 2022. With new approval from the Ministry of Finance for a downstream investment, Paytm Payments Services Limited (PPSL) is ready to resubmit its application. At the Annual General Meeting, CEO Vijay Shekhar Sharma discussed the company’s focus on PAT profitability, the integration of AI into core operations, and cost-cutting measures. Despite financial challenges, Paytm is optimistic about a profitable future. Watch to learn more about the company's future plans.