Paytm, Bank of Baroda, SBI, YES, ICICI Bank: Stocks rally after UPI MDR returns- key details to know
Shares of Paytm, YES Bank, SBI, Bank of Baroda, and others rose after NPCI introduced a 0.4% fee on UPI payments over ₹2,000 to merchants. The fee, effective October 15, will not apply to P2P transactions or small payments. Paytm and banks may benefit from the new MDR, with issuer banks receiving 40% of the revenue.






