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9:04 amHT Morning News Brief October 12: SC stresses due process as Delhi detentions continue; BJP slams Rahul Gandhi
9:03 amTukaram Mundhe gets key role in Maharashtra's MPSC reform panel after student protests called off
9:03 amU.S. Senators question legality of Trump’s decision to allow Russian oil imports
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8:59 amTwo Indian seafarers missing, nine rescued after drone attack on tanker at Sohar Anchorage, says Sonowal
8:54 amDelhi protests: Lawyers group tracks detainees, ensures paperwork amid crackdown
8:38 amVideo Shows Moment Houthi Missile Struck Riyadh Airport, Killing 14
8:38 amAll About Mangrol Anti-Submarine Warfare Craft Set To Be Commissioned Today
8:37 amStreet Protests, Legal Route: INDIA Bloc Turns Up Volume On Gyanesh Kumar
8:36 amAll about the CMRL monthly payoffs case and the consequential high court ruling against Pinarayi Vijayan
8:35 amFull list of Delhi Metro stations closed today amid CJP, Opposition protest plans
8:30 amDelhi court discharges UK national Gaba over attacks at Indian High Commission in London; frames UAPA charges
8:30 amDelhi Man Dies After Being Thrashed Over Metro Seat, Ex-IAS Officer, Son Arrested
9:16 amNoted architect N.M. Salim passes away
9:05 amHeavy rain, thunderstorms lash Delhi; IMD issues 'red' alert
9:04 amHT Morning News Brief October 12: SC stresses due process as Delhi detentions continue; BJP slams Rahul Gandhi
9:03 amTukaram Mundhe gets key role in Maharashtra's MPSC reform panel after student protests called off
9:03 amU.S. Senators question legality of Trump’s decision to allow Russian oil imports
SponsoredPut your announcement in this ticker from ₹69/day
8:59 amTwo Indian seafarers missing, nine rescued after drone attack on tanker at Sohar Anchorage, says Sonowal
8:54 amDelhi protests: Lawyers group tracks detainees, ensures paperwork amid crackdown
8:38 amVideo Shows Moment Houthi Missile Struck Riyadh Airport, Killing 14
8:38 amAll About Mangrol Anti-Submarine Warfare Craft Set To Be Commissioned Today
8:37 amStreet Protests, Legal Route: INDIA Bloc Turns Up Volume On Gyanesh Kumar
8:36 amAll about the CMRL monthly payoffs case and the consequential high court ruling against Pinarayi Vijayan
8:35 amFull list of Delhi Metro stations closed today amid CJP, Opposition protest plans
8:30 amDelhi court discharges UK national Gaba over attacks at Indian High Commission in London; frames UAPA charges
8:30 amDelhi Man Dies After Being Thrashed Over Metro Seat, Ex-IAS Officer, Son Arrested

Business

UPI MDR should be cut from 0.4% to 0.08%: IIT-Bombay report proposes new fee structure

Reported by Business News India 11 Oct 2026, 8:27 pm IST 1 min read

Image: Business News India. Rights remain with the publisher.

The report also argues that banks should use a portion of their earnings from current and savings account deposits to fund the digital payments ecosystem instead of relying on MDR revenue

Read the full report on Business News India

Story file

Section: Business
First reported by: Business News India
Reporter: business today desk
Published: Sunday, 11 October 2026, 8:27 pm IST
Coverage: One outlet so far

How this page works. The Headline Update lists this report from Business News India with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.