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Tag: mdr on upi transactions

MDR a small fee, will not have major impact on UPI volumes: RBI Governor Malhotra

Posted on October 7, 2026 By admin
MDR a small fee, will not have major impact on UPI volumes: RBI Governor Malhotra

Reserve Bank of India Governor Sanjay Malhotra addresses a press conference on its Monetary Policy announcement and repo rate hike from 5.25% to 5.50%, in Mumbai on October 7, 2026. | Photo Credit: ANI Reserve Bank of India Governor Sanjay Malhotra on Wednesday (October 7, 2026) said levying a “small fee” in the form of…

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