<p>New Delhi: Shares of One97 Communications Ltd, which owns Paytm brand, rebounded on Tuesday morning after three days of sharp fall.</p>.<p>The stock jumped 7.79 per cent to Rs 472.50 on the BSE despite a weak beginning to the trade.</p>.<p>It climbed 7.99 per cent to Rs 473.55 on the NSE.</p>.Paytm founder Vijay Shekhar Sharma: From architect of fintech powerhouse to controversies.<p>In the past three days, the stock tumbled over 42 per cent, wiping out Rs 20,471.25 crore from its market valuation, following the RBI's crackdown.</p>.<p>Shares of One97 Communications Ltd had hit its lower circuit limit on Monday.</p>.<p>The regulator last week ordered Paytm Payments Bank Ltd, a restricted bank that can take deposits but cannot lend, to not take any further deposits or conduct credit transactions or carry out top-ups on any customers accounts, prepaid instruments, wallets, cards for paying road tolls after February 29.</p>.<p>Paytm Payments Bank Limited (PPBL) is an associate of One97 Communications Limited (OCL).</p>.<p>One97 Communications holds 49 per cent of the paid-up share capital (directly and through its subsidiary) of PPBL. Founder Vijay Shekhar Sharma has a 51 per cent stake in the bank.</p>
<p>New Delhi: Shares of One97 Communications Ltd, which owns Paytm brand, rebounded on Tuesday morning after three days of sharp fall.</p>.<p>The stock jumped 7.79 per cent to Rs 472.50 on the BSE despite a weak beginning to the trade.</p>.<p>It climbed 7.99 per cent to Rs 473.55 on the NSE.</p>.Paytm founder Vijay Shekhar Sharma: From architect of fintech powerhouse to controversies.<p>In the past three days, the stock tumbled over 42 per cent, wiping out Rs 20,471.25 crore from its market valuation, following the RBI's crackdown.</p>.<p>Shares of One97 Communications Ltd had hit its lower circuit limit on Monday.</p>.<p>The regulator last week ordered Paytm Payments Bank Ltd, a restricted bank that can take deposits but cannot lend, to not take any further deposits or conduct credit transactions or carry out top-ups on any customers accounts, prepaid instruments, wallets, cards for paying road tolls after February 29.</p>.<p>Paytm Payments Bank Limited (PPBL) is an associate of One97 Communications Limited (OCL).</p>.<p>One97 Communications holds 49 per cent of the paid-up share capital (directly and through its subsidiary) of PPBL. Founder Vijay Shekhar Sharma has a 51 per cent stake in the bank.</p>