MDR Levy: Will Retail Trading Volumes Take A Hit? | NSE Chairman Srinivas Injeti

Will the MDR levy affect retail trading volumes? NSE Chairman Srinivas Injeti says there is currently no overwhelming feedback suggesting a significant “speed breaker” for retail activity. He describes the levy as calibrated, with the transaction charge capped at ₹300 for transaction sizes up to ₹75,000, as discussed in the conversation. Injeti says the exchange has not seen indications of a major impact on retail trading volumes so far. The discussion comes amid broader changes in India’s digital payments and financial-market ecosystem. In this conversation, Siddharth Zarabi, Group Editor - Business Today, speaks with Srinivas Injeti, Chairperson, NSE, on the potential impact of the MDR levy on retail participation and trading activity. Watch the full conversation for NSE’s perspective on retail volumes and market participation.