Paytm to file for new license, says bullish about its roadmap for general insurance

In a regulatory filing, Paytm reiterated its intention to make inroads in the general insurance sector, as it is extremely bullish about its potential. Paytm said it remains bullish on its roadmap for general insurance, "and we intend to seek requisite approvals for a new general insurance license, wherein we hold a 74 per cent majority shareholding upfront."

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