PPBL ban impact on brand and customer acquisition
The RBI ban on Paytm Payments Bank could affect consumer and merchant acquisition or churn, though management downplayed near-term impact.
ONE97COMMUNICATIONS / Q4-FY26 / risks
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One 97 Communications · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
Regulatory uncertainty on wallet license
The timeline for obtaining a new wallet license from RBI remains unclear, with management declining to provide a specific date.
Competition in wealth management and broking
Incumbent platforms like Zerodha and Groww pose competitive pressure; management's AI-driven strategy may face adoption challenges.
Credit cycle risk in personal loans
While personal loan disbursements are recovering, any deterioration in asset quality could impact lender partnerships and growth.