Bajaj Finance

Paytm’s parent company One97 Communications president and chief operating officer Bhavesh Gupta has resigned from the company, an official statement said. Gupta steered the lending business, online and offline payments, and compliances, at Paytm. Verticals, headed by him were adversely impacted by the RBI’s ban on Paytm Payments Bank (PPBL) from carrying on new transactions.

Domestic benchmark indices open higher on Friday’s trade. BSE Sensex trader at 75,066.38, higher by 455.27 pts or 0.61 per cent as of 9.27 am; and Nifty 50 traded at 22,782.05, up 133.85 pts or 0.59 per cent.

After opening higher on Friday, the benchmark indices declined intra-day. BSE Sensex plunged 760.74 pts or 1.02 per cent at 73,850.37 as of 11.53 am; and Nifty 50 declined 186.35 pts or 0.82 per cent at 22,461.85.