The Economic Times

UPI stocks Paytm, Mobikwik fall up to 4% after RBI proposes transaction fraud framework

UPI stocks Paytm and Mobikwik fell up to 4% after the RBI proposed a framework to compensate customers for small value fraudulent transactions. The central bank plans to cap compensation at Rs 25,000 while tightening customer liability norms and enhancing digital payments safety through stricter safeguards.