Paytm gets tentative approval to revive its digital wallet, which effectively died after India's central bank canceled Paytm Payments Bank's license in April (Sankalp Phartiyal/Bloomberg)

Sankalp Phartiyal / Bloomberg:
Paytm gets tentative approval to revive its digital wallet, which effectively died after India's central bank canceled Paytm Payments Bank's license in April  —  Paytm has received a tentative approval from India's central bank to operate its digital wallet, a move that will help the payments firm revive a high-margin revenue engine.