RBI Governor Sanjay Malhotra on Wednesday said levying a "small fee" in the form of merchant discount rate (MDR) will not have a "major impact" on UPI transaction volumes
The cell will work with industry associations, export promotion councils and states to raise awareness and develop market-specific plans to boost trade agreement utilisation
Deficient monsoon, El Nino conditions and volatile oil prices cloud the inflation outlook as the central bank raises rates and shifts to calibrated tightening
