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Can NPCI's nod to Paytm's UPI business ease its misery?

Some brokerages now see rosier prospects for Paytm after the doom-and-gloom of reports in the wake of the RBI diktat against Paytm Payments Bank.

Some brokerages who had earlier downgraded the stock and substantially slashed their price targets have now issued optimistic early remarks post the recent development.

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