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UPI MDR revision from Oct 15: Mutual funds, securities, stockbrokers to attract 0.02% charge; check details

Source: Business Today

At 0.02%, the MDR on a Rs 1 lakh transaction would work out to Rs 20. The Rs 300 maximum cap also limits the charge on larger transactions.

Attribution

This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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