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Paytm among most compelling growth stories, says Goldman
Goldman said it expects margins to improve further and is forecasting FY24 to be the first year of adjusted EBITDA profitability for Paytm. This could be a key catalyst for the stock, it said.Goldman said if the Reserve Bank of India removes the ban on Paytm Payments Bank to onboard new customers imposed in March 2022, it could be another trigger for the stock. One97 Communications owns 49% in Paytm Payments Bank (PBBL).