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‘Seems to be an issue between the broker and client; no govt talks on new UPI MDR’: NSE CEO Ashish Chauhan

FinSiddhi

NSE CEO Ashish Chauhan stated there have been no talks with the government regarding the new Merchant Discount Rate for UPI payments, which he claims is a matter for brokers and clients to resolve. The new MDR framework takes effect on October 15, impacting capital-market transactions.
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