UPI MDR explained for investors: How will new charges impact your mutual fund SIPs and stock investments?From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all such transactions. UPI AutoPay and...
Return of MDR a key step towards making UPI sustainable and enabling further growth: ExpertsEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions up to Rs 2,000 will remain free for all users. A new Merchant Discount Rate (MDR) will apply to specified mer...
UPI transactions above Rs 2,000 to attract 0.4% MDR; check key detailsNPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...
UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
Proposed UPI MDR structure doesn't make sense for broking, could raise costs: Nithin KamathThe proposed Merchant Discount Rate (MDR) on UPI transactions could create significant costs for stockbrokers even when customers do not ex...
Supreme Court rejects ex-NSE chief Chitra Ramkrishna's 'public duty' plea in co-location caseThe Supreme Court rejected Chitra Ramkrishna's appeal regarding the NSE co-location case. This decision allows a Delhi court to proceed wit...
UPI Charges Explained: Will you pay a fee for Rs 2,000+ UPI payments? Government clarifies what users need to knowUPI Payment Charges Rules: Ordinary UPI users will not pay transaction fees for payments above Rs 2,000. Person-to-person UPI transactions ...
New charges on UPI payments: Here's what you will be charged for stock market investmentsUPI payments for capital market transactions will attract a nominal 0.02% Merchant Discount Rate, capped at Rs 300. The fee covers mutual f...
Mutual funds, stocks UPI payments to attract 0.02% MDR under new NPCI frameworkNew UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special rate applies to mutual funds and ...
Quote of the day by Michael Dell: “As you start your journey, the first thing you should do is...” — Inspiring life lessons from a motivational quote on finding your own path and trusting yourselfQuote of the day by Michael Dell: “As you start your journey, the first thing you should do is throw away that store-bought map and begin t...
Muthoot FinCorp rolls out Rs 700 crore NCD issue. Here's what investors need to knowMuthoot FinCorp has launched the fifth tranche of its secured, rated and redeemable NCDs, offering effective annual yields of 8.89% to 9.25...
Calcutta exchange’s unlisted shares double on revival hopesCalcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of a revival gain momentum. The excha...
Zerodha gets Sebi nod for merchant banking licence, formal registration awaited: ReportZerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into investment banking after formal reg...
Asset manager State Street completes Rs 580-crore investment in Groww AMC, takes 23% stakeState Street Investment Management has completed its $65 million investment in Groww Asset Management, acquiring a 23% stake after regulato...
Zerodha's FY26 net profit rises 1.2% to Rs 4,283 crore amid revenue slowdownZerodha's net profit increased by 1.2 percent to ₹4,283 crore in FY26. Revenue remained largely unchanged from the previous year's ₹8,847 c...
Y Combinator pockets Rs 970 crore from Meesho stake saleY Combinator has sold nearly Rs 970 crore worth of Meesho shares through a block deal, adding to its returns from the ecommerce company. Th...