Wednesday, August 24, 2022

Payment aggregators to approach RBI; IT firms cut variable pay; and ED's loan app probe finds Rs 800 cr crime proceeds

Payment aggregators which are already on the tenterhooks with the Reserve Bank of India’s diktat on lending rules are set to lobby the central bank to ease the guidelines.

from Tech-Economic Times https://ift.tt/WI8qhXz

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...