Department of Financial Services
Signals mentioning Department of Financial Services
- Panel flags Rs 20,700 crore UPI cost gap, backs tiered MDR for high-value merchant payments
- Finance Ministry weighs tiered MDR for high-value UPI payments
- Finance Ministry weighs tiered MDR for high-value UPI merchant payments
- Parliamentary panel urges faster risk-based capital norms and GST relief for insurance
- Centre weighs 0.5% MDR on UPI payments above Rs 2,000 for large merchants
- MDR debate returns as UPI turns 10; govt subsidies cover just 11% of industry costs