Many reports say PAYTM has $1bn cash reserves… thats INR 8300 crore. example this source: Jefferies Stops Coverage on Paytm Until Regulatory Issues Ease – BNN Bloomberg.
is there anyway to confirm this figure? what are contingent liabilities ? like any FLDG default share etc?
If this INR 8300 Crore cash reserves is true, then they can use even Rs 300 crore to do a mass media + on ground sales outreach campaign creating awareness to lacs of merchants that only the payments bank will change, everything else works same.
The rest of issues, can be shown a message on the app itself, like fastag users.
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