ReferIndia News Paytm’s post-PPBL pivot: How the shift to multi-bank model shielded it from Payments Bank ban fallout

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Paytm’s post-PPBL pivot: How the shift to multi-bank model shielded it from Payments Bank ban fallout

Published on: April 29, 2026, 2:53 p.m. | Source: The Financial Express

Paytm has successfully insulated its core business from the Paytm Payments Bank fallout by adopting a multi-bank model and severing ties in 2024. Analysts highlight minimal impact on operations, while steady revenue growth, rising profitability, and increasing user engagement signal a strong recovery and sustained momentum across payments and financial services.

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