Paytm's stock is down 9% and below Rs 350, a 65.5% drop from its 52-week high, due to RBI restrictions on its payments bank for KYC non-compliance and potential money laundering risks. As of Feb 14, it has lost more than half its value since Jan 31 and foreign brokerages have slashed its target price by 20-60%. Macquarie has even downgraded the stock to 'underperform'.