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PTC India Financial Services cuts dividend
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Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments
PTC India Financial Services Ltd. lowered its dividend for the fiscal year ended March 31.
The company said May 12 that its board recommended a final dividend of 20 Indian paise per share for the 2017-2018 fiscal year, compared to 1.50 rupees per share for the prior fiscal year.
As of May 11, US$1 was equivalent to 67.45 Indian rupees.