Indian digital payment giant Paytm witnessed a staggering 18 per cent decline in its share price on Thursday. This market turmoil followed the company's announcement of strategic plans to slow down its small-ticket post-paid loans.

Paytm share price falls 18pc amid plans to scale back post-paid loans

Tokyo-headquartered SoftBank Group Corp on Thursday sold a 4.5 per cent stake in Indian digital payments giant Paytm through block deals for $200 million, following which a sharp fall was reported in Paytm shares.

Paytm shares tumble as SoftBank sells 4.5% stake worth $200 million

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Paytm share price falls 18pc amid plans to scale back post-paid loans

Paytm shares tumble as SoftBank sells 4.5% stake worth $200 million