Economic TimesLean R·
Sebi to examine discount brokers’ concerns over new UPI MDR
Mumbai: The Securities and Exchange Board of India (Sebi) will examine concerns raised by discount brokers over the new merchant discount rate for big fund transfers through UPI (unified payments interface), its chief Tuhin Kanta Pandey said Thursday. "I think there are some important issues there. We will certainly look into it and see how we can ease them," Pandey said on the sidelines of an event.Under the new framework, capital market transactions, including payments to stockbrokers, mutual…
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