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News 2026-10-15 05:34 UTC

BUZZ — Nomura initiates Paytm with "buy" rating on UPI payments growth

* Companies such as Paytm are best positioned to capture the next phase of growth in India's digital financial services landscape with the UPI payment sytem expected to remain the backbone of this expansion, analysts at Nomura say * Brokerage initiates coverage with "buy" rating, TP at 2,250 rupees * Nomura see co's gr