Current Affairs · Banking and Economy
In August 2025, ICICI Bank announced a differential fee structure for levying UPI transaction handling charges on Payment Aggregators (PAs). What is the specific charge per transaction if the Payment Aggregator maintains an escrow account with ICICI Bank?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 12 basis points, capped at ₹6✓
- 23 basis points, capped at ₹8
- 31 basis point, capped at ₹5
- 44 basis points, capped at ₹10
Correct answer
2 basis points, capped at ₹6
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