Should people or businesses who use the Unified Payments Interface (UPI) start paying a fee or be levied any sort of charge? The Reserve Bank of India (RBI) posed the question and sought public feedback in its Discussion Paper on Charges in Payment Systems. From the regulator’s viewpoint, it was a perfectly valid query though it should have perhaps anticipated the howls of protest that swept through Social Media platforms. Within a couple of days, the Union Finance Ministry tweeted...
Moneycontrol Pro Panorama | The case for a 50-bps rate hike
Sep 26, 2022 / 03:13 PM IST
In today’s edition of Moneycontrol Pro Panorama: RBI's liquidity problem, Telecom draft bill needs rectification, plummeting Hang Seng raises China's concerns, India's road sector in quandary, and moreRead Now
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