SEBI Chairman Says Regulator Will Examine UPI Fee Issues Raised By Stockbrokers

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SEBI will examine concerns raised by stockbrokers about a new fee on UPI transactions in the capital markets.
Under the new UPI framework, capital-market transactions, including payments to stockbrokers and dealers, will attract a merchant discount rate of 0.02%.
The fee is capped at Rs 300 per transaction.
The new framework takes effect from October 15.
The review matters because the fee could affect costs for investors trading through UPI.

Any SEBI decision or clarification on the UPI MDR fee after examining brokers' concerns

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