Pine Labs, Paytm, MobiKwik Shares Slide Amid Reports Of UPI MDR Delay
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Update| October 8, 2026, 16:54 IST
Shares of Paytm ended today’s trading session 5.4% lower at ₹1,640 apiece on the BSE.Meanwhile, shares of Pine Labs fell 4.3% to ₹169.75, while Mobikwik declined 4.5% by the end of the session.
Original| October 8, 2026, 14:05 IST
Shares of fintech companies Paytm, Pine Labs and MobiKwik came under pressure today following reports that the proposed merchant discount rate (MDR) on select UPI transactions could be deferred.
Paytm’s stock fell as much as 10%
Shares of Paytm ended today’s trading session 5.4% lower at ₹1,640 apiece on the BSE.Meanwhile, shares of Pine Labs fell 4.3% to ₹169.75, while Mobikwik declined 4.5% by the end of the session.
Original| October 8, 2026, 14:05 IST
Shares of fintech companies Paytm, Pine Labs and MobiKwik came under pressure today following reports that the proposed merchant discount rate (MDR) on select UPI transactions could be deferred.
Paytm’s stock fell as much as 10%
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