India · Section
Finance explained mechanically. Interest rates, credit markets, index construction and corporate filings — what the number is, who computes it, and what it does and does not tell you. Not investment advice.
2articles in India
The repo rate has sat at 5.25% since the MPC's unanimous August decision. The October meeting is the next test. Here is what actually moves when the rate does, and what a hold changes for your EMI.
UPI is not becoming a paid service for ordinary users. Person-to-person transfers stay free at any amount, merchant payments up to ₹2,000 stay free, and small vendors keep a mandatory zero rate. The new merchant discount rate starts at 0.4% above ₹2,000 and applies to roughly 4% of merchant transactions.