PAYTM

### Stocks in Focus **

** – Paytm's European subsidiary has received a **Payment Institution Licence** from the **Luxembourg financial regulator**, enabling it to offer regulated digital payment services across Europe and strengthening the company's international expansion strategy. *(Positive)* ** ** – Union Bank of India reported **12.50% YoY growth in gross advances** and **13.11% growth in domestic advances** as of **30 June 2026**. **Domestic CASA deposits** also increased **11.72% YoY**, reflecting healthy loan growth and a strong deposit franchise. *(Positive)* ** ** – HCLTech announced a **US$1.14 billion agreement**, with the initial contract running from **July 2026 to December 2031**, extendable by another **five years**. The entire contract represents **net new business**, significantly enhancing revenue visibility and strengthening the company's long-term order book. *(Strongly Positive)*