Hi people, I am a Indian and I am proud of it. If you are from India and use #paytm then you must get yourself aware about what is going on with paytm right now. Now, I am not going to share the why but only what to do.
After 29th february you will not be able to use paytm #services anymore. The banking services are not going to work so it is better to take your money out of paytm.
Also from #wallet you should take out your money. I think there will be a new bank that will arrive after closing of this number 1 virtual bank of India.
By the way over 3 #crore user were part of paytm and I must say that this was the bank that was used by middle class people the most as it has no minimum value conditions and you can get it active even if you have zero balance for months.
Above tweet is by paytm but do you trust it?
Amid this news the #shares of paytm also went down by 20% so that is another loss for the people owning the #shares for the same. Did you have any shares for paytm? I think it is good to sell them as they can further go down.
What are your thoughts on this closing of PB. Do you still think that buying the shares of paytm will be profitable in the future. I think better to stay away now from paytm related things.
Thanks for being part of this blog of mine.