SoftBank cuts stake in Indian payments firm Paytm to less than 3%:- www.deekpay.com

　　Based on the information you have provided, here are the relevant points regarding Japan's SoftBank Group's reduction in its stake in Indian payments company Paytm:

　　1. **Decrease in Stake** : SoftBank Group has reduced its stake in Paytm to 2.831 TP3T from 5.011 TP3T, signalling concerns over the company's prospects.

　　2. **Changes in shareholding**: Since September 2022, when it held 17.51 TP3T shares, the SoftBank Group has reduced its shareholding in Paytm several times through open market transactions.

　　3. **Shares down**: Since the RBI ordered Paytm to shut down its banking operations on 31 January, the company's shares have fallen by 48.51 TP3T, reducing its market capitalisation by about Rs 234 billion ($2.8 billion).

　　4. **Non-compliance issues**: The RBI penalised Paytm for persistent non-compliance by the company, which suggests that Paytm has problems with compliance and may have affected investor confidence.

　　This information reflects the current challenges faced by Paytm and the adjustments made by the SoftBank Group to its investment strategy.