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Paytm shares fall on MDR rumours
Mint Hyderabad
|June 13, 2025
Shares of One97 Communications, the owner of Paytm brand, on Thursday ended 7% lower amid reports that the government is planning to impose a merchant discount rate (MDR) on large-ticket Unified Payments Interface (UPI) transactions.
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However, the finance ministry has termed these claims as "false, baseless and misleading".
The stock tanked 9.99% to ₹864.20 during the day on the BSE. It ended at ₹895.15 apiece, down 6.77%.
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