August 18, 2025

RBI Governor Sanjay Malhotra

Finance

Finance Ministry says no proposal to impose fee on UPI transactions | Business News

There is no plan currently to impose a fee on Unified Payments Interface (UPI) transactions, the finance ministry informed the Lok Sabha on Monday, days after comments by Reserve Bank of India (RBI) Governor Sanjay Malhotra sparked concerns that these payments may cease to be free for individuals. “Presently, there is no such proposal to

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