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Petrol Diesel Association RBI-க்கு வைத்த கோரிக்கை | Petrol-க்கு ‘NO’ UPI MDR-ஆ? | IPS Finance - 611

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The NSE IPO has attracted strong investor interest, with the issue getting fully subscribed during the bidding period. But with the IPO priced at ₹1,700–₹1,785 per share, investors are also watching the valuation and listing expectations closely.

Meanwhile, a new debate is emerging around UPI Merchant Discount Rate (MDR). From October 15, 2026, specified merchant UPI transactions above ₹2,000 will attract MDR, while fuel transactions have been assigned a flat ₹5 MDR.

Petrol pump dealers are asking for an exemption for fuel payments and have approached the RBI over the additional cost. Some dealer associations have even warned of stopping UPI payments above ₹2,000 if the issue is not resolved.

In this episode, we decode the NSE IPO pricing, subscription response, valuation concerns and the petrol dealers’ demand over UPI MDR.

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