Home / Search / Finance Ministry

Finance Ministry

A protest poster opposing the proposed Merchant Discount Rate (MDR) on certain UPI transactions was displayed at a store in Mumbai on Friday, October 2, as concerns over the proposed charge continued among sections of the retail and trading community. Pics/Ashish Raje

Updated 1 month ago

The poster highlighted opposition to the proposed 0.4 per cent MDR on UPI merchant transactions above Rs 2,000, which is scheduled to come into effect from October 15, 2026. Pics/Ashish Raje

Customers had an unusual opportunity to visit public sector bank and Regional Rural Bank (RRB) branches on Sunday as banks opened on the weekend ahead of a proposed three-day nationwide strike from September 28 to 30. Pics/Ashish Raje

Updated 1 month ago

The poster highlighted opposition to the proposed 0.4 per cent MDR on UPI merchant transactions above Rs 2,000, which is scheduled to come into effect from October 15, 2026. Pics/Ashish Raje