New Delhi, Jan. 23 -- The equity shares of One 97 Communications, the parent company of Paytm, crashed 10% on Friday, resuming its downward trend, amid heavy selling pressure. Paytm shares declined as much as 9.99% to Rs.1,134.85 apiece on the BSE.

Paytm stock price has fallen in four out of the last five trading sessions.

The sharp fall in Paytm share price today comes after reports that the Reserve Bank of India (RBI) may not extend the Payment Infrastructure Development Fund (PIDF) scheme after December 2025.

The PIDF is an RBI initiative aimed at strengthening digital payment infrastructure in underserved regions by subsidising the deployment of Point-of-Sale (PoS) devices and QR codes.

However, there has been no official communic...