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IIT-Bombay report recommends cutting UPI MDR from 0.4% to 0.08%; says banks should give up their share as they earned Rs 4.85 lakh crore from CASA deposits in FY26
The report further suggested that banks could set aside around 3% of the funds that CASA depositors forgo through lower interest earnings. With a Merchant Discount Rate (MDR) on merchant UPI transactions being announced above Rs 2,000, professors at IIT-Bombay have come out with a report proposing reducing the MDR to 0.08% from 0.40%.The report’s...
‘The best in history is me, full stop’: Cristiano Ronaldo declares himself the greatest ever before reaching 1,000 career goals | Football News
Soccer Football – Saudi Pro League – Al Nassr v Al Diriyah – Al Awwal Park, Riyadh, Saudi Arabia – October 9, 2026 Al Nassr’s Cristiano Ronaldo reacts after scoring a goal that was later disallowed REUTERS/Hamad I Mohammed Cristiano Ronaldo has made his feelings clear: he believes he is the greatest footballer in history,...
Lokesh Kanagaraj: ‘Interesting updates coming soon’: Lokesh Kanagaraj shares a NEW PICTURE with Allu Arjun, hints at fresh developments on their upcoming film ‘AA23’ | Telugu Movie News
Allu Arjun’s upcoming collaboration with filmmaker Lokesh Kanagaraj has generated fresh buzz after the director shared a photograph with the Telugu superstar and promised that “interesting updates” are coming soon. The film, popularly known as ‘AA23’, has been among the most anticipated projects in the actor’s lineup. While the latest post has fuelled speculation about...
