Paytm shares rise 3% after Paytm Money reduces interest rates for investors

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Paytm shares rise 3% after Paytm Money reduces interest rates for investors - Business Standard

Quick Summary:

The revised interest rates will be applicable starting April 18, 2025, while the updated brokerage of 0.

The benchmark domestic indices too were trading in the positive territory on Tuesday. At the time of writing the news, the 30-share Sensex was trading higher by 274 points or 0.35 per cent at 79,682, and the Nifty50 was at 24,196 levels, up 70 points, or 0.29 per cent.

Investors with a book size between ₹1 lakh and ₹25 lakh, it said, will have a 14.99 per cent p.a.interest rate.