India's Paytm slumps after government says reports of UPI transaction fees false
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 12 2025
0mins
Source: Reuters
Paytm's Stock Reaction: Shares of Paytm fell by up to 10% after the Indian finance ministry denied rumors about introducing fees on UPI transactions, marking the largest intraday drop since February 2024.
Market Sentiment and Future Projections: UBS brokerage indicated that the absence of increased incentives could negatively impact Paytm's adjusted core profits by over 10% in fiscal years 2026 and 2027.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








