Neutral impactCorporate Action
Why petrol dealers, stockbrokers are pushing back against UPI MDR
Economic Times 4 hrs ago·22 Sept 2026, 1:10 am
Under the new framework effective October 15, UPI payments above Rs 2,000 in essential and thin-margin sectors such as fuel will attract a flat Rs 5 MDR, while capital-market transactions involving mutual funds, securities, stockbrokers and dealers will attract 0.02 per cent MDR capped at Rs 300.
Key takeaways
- Category: Corporate Action.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
