Paytm Shares Plunge 10% After Finance Ministry Denies MDR Fee Rumors
Shares of One 97 Communications, the parent company of leading digital payments platform Paytm, plunged by up to 10% on Thursday, hitting an intraday low of Rs 864.20 on the BSE. This sharp decline followed the Finance Ministry’s official denial of reports suggesting the possible introduction of a merchant discount rate (MDR) fee for UPI…