After seeing its shares fall by 20 per cent on Thursday, the day, after the Reserve Bank of India took decisive action against Paytm Payments Bank and prohibited them from offering its core services, including accounts and wallets, effective from March, shares of the troubled fintech company, dropped by another 20 per cent. As of writing this article, shares of Paytm hit a new low on Friday. The stock is now at Rs 487, nearing its all-time low of Rs 438, which it fell to in March 2022. Although the central bank emphasized that this move is not a direct cancellation of Paytm Payments Bank’s license, it significantly restricts the company’s operational scope. The RBI, however, has granted customers the ability to withdraw or utilize their balances without restrictions, up to the available balance in their Paytm accounts, covering various instruments such as savings and current accounts, prepaid instruments, FASTags, and NCMC. Once hailed as a pioneer in India’s fintech landscape, Pay...