Paytm downloads drop, PhonePe gains

Paytm's daily app downloads on Google Play Store dropped to 1.4 lakh amid regulatory scrutiny, while PhonePe's surged to 5.5 lakh post-RBI restrictions on Paytm Payments Bank. BHIM and Google Pay also saw increased downloads. PhonePe led with 40 lakh total downloads across platforms, followed by BHIM. Paytm's stock price dipped after RBI's curbs on PPBL.