Indian payments giant Paytm shares plunge 20%:- www.deekpay.com

　　A report on the Titanium Media App states that shares of Indian payments giant Paytm have plummeted 20% due to strict regulatory measures taken against it by the RBI, which has called for the suspension of most of its operations. Here are the highlights of the report:

　　1. **Reasons for share price fall**: Paytm's share price plummeted as the RBI found persistent irregularities and regulatory issues with the company.

　　2. **Regulatory Requirements**: The RBI has asked bank branches handling Paytm transactions to stop related banking operations after 29 February.

　　3. **Customer Impact**: Notwithstanding the above, existing customers of Paytm will be able to withdraw funds without restriction and utilise the balance in their prepaid cards or wallets.

　　This incident reflects the increased supervision of fintech companies by regulators and the seriousness with which they deal with breaches. It could be a challenge for Paytm to take quick steps to comply with regulatory requirements and restore market confidence.