Zerodha Co-founder Nithin Kamath Backs UPI MDR, Cites Cost Burden for Brokers

16 September 2026 at 1:48 pmHyperFast News

#Nithin Kamath #Zerodha #UPI MDR #competition #cost burden #brokers #financial technology

Summary

Zerodha co-founder Nithin Kamath supports UPI MDR as inevitable for competition but highlights the significant cost burden it places on brokers, suggesting a lower capped rate.

Zerodha Co-founder Nithin Kamath Backs UPI MDR, Cites Cost Burden for Brokers

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