Department of Financial Services
Signals mentioning Department of Financial Services
- FinMin moves to protect banking services ahead of three-day nationwide strike
- Finance Ministry readies bank-service contingency plan ahead of three-day nationwide strike
- Centre to monitor UPI MDR rollout daily from 15 October
- India to levy MDR on select UPI merchant payments above Rs 2,000 from Oct 15, 2026
- Centre Defends UPI MDR Plan as Retailers Warn of Higher Acceptance Costs
- India defends 0.4% UPI MDR above ₹2,000, citing support for domestic payment firms
- FinMin clarifies RuPay credit-on-UPI MDR is a merchant cost, not a customer charge
- DFS clarifies UPI MDR is not passed on to customers
- NPCI panel may introduce 0.3% MDR on UPI merchant payments above ₹2,000
- DFS launches UPI merchant payments on KCC and MUDRA credit lines
- SBI to suspend UPI services for 45 minutes on September 4
- Bank unions schedule phased strikes, raising retail payments disruption risk
- Bank unions threaten September 11 strike, raising retail payments disruption risk
- India may reinstate 0.3% UPI merchant fee on payments above Rs 2,000
- Sitharaman proposes month-long Banking for Youth campaign from October 2
- Sitharaman asks public-sector banks to refresh their Gen Z appeal
- PSBs to launch zero-charge youth accounts in month-long banking campaign
- DFS sets youth-focused digital banking roadmap for public sector banks
- Parliamentary panel seeks tougher bank accountability on cyber fraud and mule accounts
- Parliamentary panel seeks tiered MDR for high-value UPI merchant payments