Place Holder Not visible when there is text is typed for TextInput

Current behavior

The place holder text is not visible when something is being typed or is already typed in the textInput. Check Screenshots below

Expected behavior

Place Holder should be above the text, as shown here

Code sample

I don’t use expo but my project is open source, still here is the sample code I am using formik if that matters & here is the file in my Github repo, at line 62.

<TextInput
              mode="outlined"
              value={values.firmName}
              error={errors.firmName != undefined}
              placeholder="Firm Name"
              style={{marginHorizontal: 16, marginVertical: 8}}
              numberOfLines={1}
              maxLength={20}
              onBlur={handleBlur('firmName')}
              onChangeText={handleChange('firmName')}
            />

Screenshots (if applicable)

When text is typed When it is empty

What have you tried

I don’t know what’s wrong, new to react-native. Probably because of android 10

Your Environment

software	version
ios or android	Android 10
react-native	0.63.2
react-native-paper	^4.1.0
react-native-vector-icons	^7.1.0
node	v12.18.4
yarn	yarn 1.22.5
expo sdk	I don’t use it

[github-actions[bot]]

Couldn’t find version numbers for the following packages in the issue:

• expo

Can you update the issue to include version numbers for those packages? The version numbers must match the format 1.2.3.

[being-yash-t]

Sorry, didn’t see the label prop. 😢👀 Closing.