Paytm

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Banking, Fintech & Insurance 08 Oct 2026, 04:27 PM IST

Paytm Shares Sink 10% as UPI MDR Delay Fears Erase Rs 10,970 Crore in Value

Paytm shares fell sharply on Wednesday after reports indicated that the rollout of UPI merchant discount rate, or MDR, may be delayed, triggering a broad reassessment of the stock’s near-term earnings outlook. The selloff wiped out about Rs 10,970 crore from the company’s market capitalisation and left traders watching a critical support zone near Rs 1,560-1,550.

By RDU Global Wire5 min read

Banking, Fintech & Insurance08 Oct 2026, 12:45 PM IST

RBI Removes Paytm Payments Bank From Scheduled Banks List

The Reserve Bank of India has removed Paytm Payments Bank from the list of scheduled banks, deepening the regulatory fallout from its earlier action against the lender. The move follows the central bank’s April decision to cancel the bank’s licence over persistent non-compliance and concerns that its operations were conducted in a manner detrimental to depositors.

5 min readRead →

Banking, Fintech & Insurance2h ago

Insurtech Rout Wipes $3.6 Billion Off India's New-Age Tech Stocks as Commission Cap Fears Jolt Investors

India's listed new-age technology companies lost a combined $3.6 billion in market value this week as a steep sell-off in insurtech names, led by PB Fintech and Turtlemint, overshadowed gains in select SaaS, mobility and logistics counters. The decline came as investors weighed the likely impact of the insurance regulator's proposed commission caps, even as IPO activity remained active with Moneyview, AceVector and Spinny advancing public market plans.

7 min readRead →

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