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UPI MDR 0.4 percent charge that no gazette ever setGovernance

UPI MDR Starts 15 October. So Why Is the Rate in No Gazette?

The new UPI MDR lives in an NPCI circular and a press release, not the gazette. The Probe asks whether a nationwide charge rests on solid legal ground.

By Neeraj Thakur
Sep 17, 2026 18:43 IST 8 Min read
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