Fintech stocks plunge up to 10% on UPI MDR deferral report; Paytm, MobiKwik, Pine Labs lead fall

The sell-off was triggered by reports that the government is considering deferring the implementation of MDR on UPI transactions to January 1, 2027, from October 15.

Oct 8, 2026 - 15:00
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Fintech stocks plunge up to 10% on UPI MDR deferral report; Paytm, MobiKwik, Pine Labs lead fall
The sell-off was triggered by reports that the government is considering deferring the implementation of MDR on UPI transactions to January 1, 2027, from October 15.

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