<p>New Delhi: Shares of Paytm rose 5 per cent on Friday, rebounding after three days of fall amid the company coming under the regulatory scanner for various violations related to its payments bank business.</p><p>The shares of One97 Communications -- the parent company of Paytm -- also hit their upper circuit limit on the BSE and the NSE.</p><p>Stocks of the crisis-hit fintech company jumped 5 per cent each to settle at Rs 341.50 and Rs 341.30 apiece on the BSE and the NSE even though it started on a weak note in early trade.</p><p>In terms of volume trade, 1.91 crore equity shares were traded on the NSE, while 22.25 lakh shares were traded on the BSE during the day.</p>.RBI asks Paytm Payments Bank customers to shift to other banks by March 15.<p>The rise in Paytm shares came on a day when the benchmark Sensex surged 376.26 points to settle at 72,426.64 points while the Nifty advanced 129.95 points to close at 22,040.70 points.</p><p>After the Reserve Bank of India action against Paytm Payments Bank Ltd for certain violations, the Enforcement Directorate (ED) is looking into alleged violations by the entity.</p><p>Paytm shares have been witnessing intense selling pressure this month after the RBI action.</p><p>One97 Communications holds a 49 per cent stake in PPBL but classifies it as an associate of the company and not as a subsidiary.</p>
<p>New Delhi: Shares of Paytm rose 5 per cent on Friday, rebounding after three days of fall amid the company coming under the regulatory scanner for various violations related to its payments bank business.</p><p>The shares of One97 Communications -- the parent company of Paytm -- also hit their upper circuit limit on the BSE and the NSE.</p><p>Stocks of the crisis-hit fintech company jumped 5 per cent each to settle at Rs 341.50 and Rs 341.30 apiece on the BSE and the NSE even though it started on a weak note in early trade.</p><p>In terms of volume trade, 1.91 crore equity shares were traded on the NSE, while 22.25 lakh shares were traded on the BSE during the day.</p>.RBI asks Paytm Payments Bank customers to shift to other banks by March 15.<p>The rise in Paytm shares came on a day when the benchmark Sensex surged 376.26 points to settle at 72,426.64 points while the Nifty advanced 129.95 points to close at 22,040.70 points.</p><p>After the Reserve Bank of India action against Paytm Payments Bank Ltd for certain violations, the Enforcement Directorate (ED) is looking into alleged violations by the entity.</p><p>Paytm shares have been witnessing intense selling pressure this month after the RBI action.</p><p>One97 Communications holds a 49 per cent stake in PPBL but classifies it as an associate of the company and not as a subsidiary.</p>