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UPI stocks slip as Paytm, MobiKwik fall after RBI-related concerns
Paytm and MobiKwik shares declined up to 3.5 percent amid RBI-related concerns, while ICICI Prudential Mutual Fund reopened select international schemes with investment caps.
UPI linked stocks came under pressure as shares of Paytm and MobiKwik fell up to 3.5%, with investors assessing the impact of a recent RBI-related development. The move triggered caution across fintech counters amid regulatory sensitivity. Separately, ICICI Prudential Mutual Fund resumed subscriptions in three international schemes and capping investments at ₹2 lakh per PAN to manage inflows while maintaining regulatory compliance.