Economy

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

· 7 October 2026 · 2 min read
MDR a small fee, will not have major impact on UPI volumes: RBI Guv Malhotra

The Economic Times has reported a new India-focused economy development: “MDR a small fee, will not have major impact on UPI volumes: RBI Guv Malhotra.” The publisher's feed describes the story as follows: Sanjay Malhotra, the Governor of the Reserve Bank of India, commented on the impact of MDR fees on UPI transactions. He expressed confidence that transaction volumes will remain stable despite the new fee structure. Additionally, Malhotra discussed strong credit growth and its positive effect

Original reporting by The Economic TimesRead the full story

Intellectual Janata displays only original summaries of externally sourced news and links readers to the original publisher.

#economy#india#technology

Related reading

IJP
News Brief
Why Rate cuts off the table? Repo rate raised after 4 yrs as RBI Governor flags global churn
Economy·The Economic Times·7 Oct 2026

Why Rate cuts off the table? Repo rate raised after 4 yrs as RBI Governor flags global churn

Read full story →
IJP
News Brief
RBI governor Sanjay Malhotra on what happens if India-US trade deal is not finalised
Economy·The Times of India·7 Oct 2026

RBI governor Sanjay Malhotra on what happens if India-US trade deal is not finalised

Read full story →
IJP
News Brief
Why RBI hiked repo rate by 25 basis points to 5.5% in the MPC review
Economy·The Times of India·7 Oct 2026

Why RBI hiked repo rate by 25 basis points to 5.5% in the MPC review

Read full story →
IJP
News Brief
No rate cuts in future? Only rate hike or pause? What RBI Governor Sanjay Malhotra said; what it means for Sensex, Nifty
Economy·Mint·7 Oct 2026

No rate cuts in future? Only rate hike or pause? What RBI Governor Sanjay Malhotra said; what it means for Sensex, Nifty

Read full story →