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Reuters

Reuters

Business

Business & Economics

Indian fintech Paytm's Q3 adjusted loss narrows sequentially as payments business recovers

Reuters
Summary
Nutrition label

83% Informative

India 's Paytm reported a narrower sequential third-quarter adjusted loss on Monday .

The company posted a loss of 2.04 billion rupees ( $23.6 million ) before exceptional items and tax for the third quarter .

The Reserve Bank of India had wound down Paytm 's banking unit in January 2024 , citing persistent compliance issues.

VR Score

94

Informative language

99

Neutral language

95

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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no sources

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