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NSE CEO Says No Government Talks on New UPI MDR; Brokers, Clients to Resolve Issue

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NSE CEO Says No Government Talks on New UPI MDR; Brokers, Clients to Resolve Issue

Analysed 26 Sept 2026·4 sources analysed·New Delhi, India·Business
NSE CEO Says No Government Talks on New UPI MDR; Brokers, Clients to Resolve IssuePreviousNext

NSE CEO Ashish Chauhan stated there have been no discussions with the government regarding the new Merchant Discount Rate (MDR) on UPI payments. He described the issue as a matter between brokers and their clients, expecting them to resolve it independently. The new MDR framework, introduced by NPCI, will impose a 0.02% charge on capital-market UPI transactions from October 15, capped at Rs 300. The Finance Ministry noted that about 96% of person-to-merchant transactions will remain unaffected, with customers not bearing the MDR cost.

Sentiment
51%
TBN's observations

First-hand measurement across 4 sources

We measured how 4 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (51/100). Lens Score 44/100.

Outlets measured: economictimes, mint, moneycontrol, thetribune. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 4 sources · Published under editorial oversight by The Balanced News
Analysed 26 Sept 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (51/100)

Sentiment was consistent across outlets (50–52/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

thetribune broke this story on 26 Sept, 12:32 pm. Other outlets followed.

26 Sept, 12:32 pm4 sources · 2 h26 Sept, 02:51 pm
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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  1. 1
    thetribune26 Sept, 12:32 pm
    NSE MD CEO Ashish Chauhan says no government talks on new UPI MDR; expects brokers, clients to resolve issue - The Tribune
  2. 2
    moneycontrol26 Sept, 01:32 pm
    NSE CEO Ashish Chauhan says no govt talks on new UPI MDR; expects brokers, clients to resolve issue- Moneycontrol.com
  3. 3
    mint26 Sept, 02:46 pm
    'Seems to be an issue between the broker and client; no govt talks on new UPI MDR': NSE CEO Ashish Chauhan Mint
  4. 4
    economictimes26 Sept, 02:51 pm
    NSE MD CEO Ashish Chauhan says no government talks on new UPI MDR; expects brokers, clients to resolve issue

Who's involved

Institutions and figures named across source coverage.

Government
Ministry of FinanceFinance Ministry
Corporate
National Payments Corporation of IndiaNational Stock Exchange

Story context

Category
Business
Location
New Delhi, India
Sources analysed
4
Last analysed
26 Sept 2026
Key entities
National Payments Corporation of IndiaNational Stock Exchange of IndiaChief executive officerMitteldeutscher RundfunkIndian rupeeSecurity (finance)Mutual fundBombay Stock ExchangeMinistry of Finance (India)Initial public offeringStock marketUnited Press International