{"id":1036261,"date":"2026-09-17T09:37:04","date_gmt":"2026-09-17T04:07:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1036261"},"modified":"2026-09-17T10:05:13","modified_gmt":"2026-09-17T04:35:13","slug":"brokers-feel-the-pinch-of-mdr-calls-for-rethink","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/17\/brokers-feel-the-pinch-of-mdr-calls-for-rethink\/","title":{"rendered":"Brokers feel the pinch of MDR calls for rethink"},"content":{"rendered":"<p>The new 0.02% MDR on UPI payments for investing in stocks and mutual funds is unlikely to hurt long-term investors or SIP flows, but analysts and industry players see some pressure building for brokers as active traders make frequent UPI pay-ins and some brokers have called for a rethink on the same saying their margins don\u2019t allow them to take more hit on their already wafer-thin margins. <\/p>\n<p>The development has had most listed broking firms falling on Wednesday; led by Groww (Billionbrains Garage Ventures) plunging close to 5% primarily because there was a block deals `2,000 crore at a discount on Wednesday. Angel One and Motilal Oswal both closed 1.5% down, and Geojit Financial was down 0.5%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new 0.02% MDR on UPI payments for investing in stocks and mutual funds is unlikely to hurt long-term investors or SIP flows, but analysts and industry players see some pressure building for brokers as active traders make frequent UPI pay-ins and some brokers have called for a rethink on the same saying their margins don\u2019t allow them to take more hit on their already wafer-thin margins. The development has had most listed broking firms falling on Wednesday; led by Groww (Billionbrains Garage Ventures) plunging close to 5% primarily because there was a block deals `2,000 crore at a discount [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-1036261","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1036261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1036261"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1036261\/revisions"}],"predecessor-version":[{"id":1036282,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1036261\/revisions\/1036282"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1036261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1036261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1036261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}