SoftBank sells 2% stake worth $120 MN in Paytm due to SBI norms

Softbank sells 2% stake worth $120MN in PAYTM due to SBI norms-Taxpuram

SoftBank has recently sold a 2% stake worth $120 million in Paytm due to regulatory norms imposed by SBI. The move comes as a result of compliance requirements and aligning with the guidelines set by the State Bank of India.

This development highlights the dynamic nature of the investment landscape and the need for companies to adapt to regulatory changes.

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