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Paytm has received approval from the National Payments Corporation of India (NPCI) to onboard new UPI users, following earlier restrictions imposed by the RBI. This decision allows Paytm to expand its UPI services through four banks: SBI, Axis Bank, HDFC Bank, and YES Bank. Paytm reported a net profit of ₹928.3 crore for Q2 2024, aided by an exceptional gain from its ticketing business sale.
