Signage for digital-payments provider Paytm, operated by One97 Communications Ltd., hangs at a fruit juice shop in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Paytm, Paytm Everywhere But Profitability Nowhere In Sight 

On May 15, payments firm Paytm tied up with foreign lender Citibank to introduce a co-branded credit card. Not surprisingly, the card came laden with the promise of cash-backs to help lure customer...

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