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UPI transactions to remain free, no plan yet to levy charge: RBI governor Sanjay Malhotra

Posted on: Oct 01, 2025 12:43 IST | Posted by: Hindustantimes
UPI transactions to remain free, no plan yet to levy charge: RBI governor Sanjay Malhotra
REserve cant of bharat (RBI) regulator Sanjay Malhotra on midweek said that thither is no proposal to levy any charge on UPI transactions, putting to rest recent concerns over potential fees on the popular digital payment system.Governor Malhotra also expressed confidence in India’s economic outlook, highlighting a “very high growth trajectory” alongside a commitment to maintaining price stability.Announcing the fourth bi-monthly monetary policy review, Malhotra further said it is proposed to provide an enabling framework for Indian banks to finance acquisitions by Indian corporates, thereby expanding the scope of capital market lending by banks.

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