Paytm Share Price in Focus as Arm Receives RBI In Principle Authorisation for Prepaid Payment Instruments

One 97 Communications Limited informed BSE Limited and the National Stock Exchange of India Limited on November 13, 2026, that its wholly owned subsidiary Paytm Payments Services Limited received an in principle authorisation from the Reserve Bank of India, as per the exchange filings.  

The approval, granted under the Payment and Settlement Systems Act, 2007, allows the subsidiary to set up and operate a payment system for issuing and operating Prepaid Payment Instruments in India. 

RBI Approval Details and Product Scope 

The Reserve Bank of India Department of Payment and Settlement Systems issued the letter on November 13, 2026, following the subsidiary's application dated December 31, 2025.  

The approval remains subject to compliance with the Reserve Bank of India Master Directions on Prepaid Payment Instruments dated August 27, 2021.  

One 97 Communications had previously disclosed in its first quarter financial year 2027 earnings release that Paytm Payments Services Limited applied for a wallet licence, and it can offer wallets once final authorisation is granted. 

System Audit and Regulatory Conditions 

Paytm Payments Services Limited must complete a system audit, including a cyber security audit, conducted by a CERT In empanelled auditor, a Certified Information Systems Auditor, or a Diploma in Information System Audit holder.  

The subsidiary must submit this audit report within 6 months from November 13, 2026, otherwise the in principle authorisation will lapse automatically.  

Issuance of Prepaid Payment Instruments can commence only after receiving the Certificate of Authorisation. 

Read More: Hindustan Aeronautics Share Price in Focus After Q2 FY27 Earnings Results: Total Income Up 14.4% YoY! 

One97 Communications Share Price Performance   

As of November 13, 2026, at 3:30 PM, One97 Communications share price on NSE was closed at ₹1,939.90, up by 0.77% from the previous closing price. 

Conclusion 

On November 13, 2026, Paytm Payments Services Limited received Reserve Bank of India in principle authorisation for Prepaid Payment Instruments following its December 31, 2025 application, requiring a system audit report within 6 months. 

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