New Delhi, Apr 29 (BNP): Digital payments firm One 97 Communications has strengthened its core operations after fully distancing itself from Paytm Payments Bank, a move that is now seen as improving business clarity and supporting long-term profitability.
Following regulatory action by the Reserve Bank of India in early 2024, the company undertook a complete operational separation from its banking arm. This ensured that its payments and financial services businesses continued independently, without any reliance on the payments bank.
The company has also clarified in stock exchange filings that it has no financial exposure or ongoing commercial relationship with Paytm Payments Bank, with all such arrangements discontinued in 2024.
Market analysts and brokerages have viewed this structural “arm’s length” approach positively, noting that it has helped remove regulatory uncertainty and provided greater transparency around the company’s business model.
With this separation in place, One 97 Communications is now focusing on strengthening its core digital payments ecosystem and expanding financial services in a more streamlined manner. The move is expected to support operational efficiency and reinforce investor confidence in the company’s future growth prospects.
Overall, the restructuring is being seen as a key step toward simplifying operations and building a more stable and scalable business framework.
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