prajwal dcunha

[prajwal dcunha @PrajwalDcunha]

Please DM me so I can share my primary card details and have your credit ops/tech team manually process or override the verification step. Please look into this! @icici

[prajwal dcunha @PrajwalDcunha]

Hey @ICICIBank @ICICIBank_Care, your Add-on credit card e-KYC portal has a broken verification bug. Applied via iMobile, but the verification link fails repeatedly right after submitting the Aadhar OTP. Tried 4 times with no luck

[prajwal dcunha @PrajwalDcunha]

The link drops into https://t.co/PBn8XIDKwq with "Please retry again after 30 mins" right post-OTP. This is a server API handoff failure on the Add-on portal. Level 1 email support keeps sending canned replies instead of checking backend logs.

[Amit Arora 🇮🇳 @GuruShareMarket]

#BIGBREAKING 🚨 MDR on UPI 🚨

From October 16, over 4700 fuel pumps in Madhya Pradesh will stop accepting UPI payments exceeding Rs 2,000.

Indore will conduct NO UPI DAY on 23 September to protest against this rule.

DIGITAL INDIA 🤡

[Prakash Raj @prakashraaj]

Thank you for the return Gifts. #justasking

[prajwal dcunha @PrajwalDcunha]

@IndiGo6E @IndiGo6E I've shared the pnr over DM, please reply 🥺

[prajwal dcunha @PrajwalDcunha]

Hi @IndiGo6E, we have a connecting flight IXE-BLR-VTZ for 2 passengers on a single booking. 1 passenger wants to exit at BLR with cabin bag only, while the 2nd passenger continues to VTZ with checked luggage. Please DM so I can share PNR and confirm if this is fine? #goIndiGo

[Mahua Moitra @MahuaMoitra]

Just over a year ago @FinMinIndia rubbished claims of MDR charges as “false, baseless & misleading” & “sensation-creating speculation” . Nobody, but nobody does lies, lies & more lies better than @BJP4India ‘s government.

[Nithin Kamath @Nithin0dha]

I think MDR on UPI was probably inevitable at some point, especially given how widespread UPI adoption has become. It could also lead to more competition, instead of just three apps accounting for more than 95% of the market.

That being said, there are some use cases, like investing and broking, where the proposed MDR structure doesn’t really make sense.

The problem with broking is that there is no guarantee that money transferred to a broker will actually result in a transaction.

As brokers, we can’t force a customer to trade after transferring money. And if we can’t pass the UPI charge on to the customer, there is essentially no limit to the cost a customer can impose on a broker without generating any revenue.

Just as an example, 10,000 customers could each make 50 UPI transfers of ₹2 lakh in a month without executing a single trade. At the proposed MDR, this could potentially cost the broker around ₹2 crore, without generating any business.

What makes this even more challenging is quarterly settlement (QS). This is a SEBI regulation that requires brokers to send unused funds back to clients every month or quarter.
Most customers then transfer these funds back to their broking accounts, with more than half of these transfers happening through UPI. So regulation essentially forces this movement of money every month or quarter, and the broker could end up bearing the cost when the money comes back, without any incremental benefit or revenue.

By the way, we currently don’t charge brokerage on equity delivery trades because the economics allow us to offer them for free. But if every UPI transfer starts carrying an additional cost, irrespective of whether the customer actually trades, I don’t see how we can absorb this indefinitely.

I think having an MDR is okay. It still doesn’t solve the problem of customers transferring money without transacting, but something like 0.02% with a cap of ₹5 or ₹10 per transaction seems much more reasonable for broking, instead of a cap as high as ₹300.

[UPI Janta Party @UPI4IND]

What if all UPI users come together?

[Striver | Building takeUforward @striver_79]

I understand someone is paying for it.

But this will hurt the common man. Merchants always pass it on by raising costs indirectly.

I'm not sure about ATM maintenance costs. Shifting that cost here would have helped. ATM usage is at an all-time low.

On top of that, we already pay tax on everything. I still don't understand what are we getting in return. Something like UPI that helps the population should have stayed free, in my opinion.

It doesn't affect me much personally, but not everyone is privileged and can take this hit. The government needs to think about what it actually gives back for all the taxes it collects.

[prajwal dcunha @PrajwalDcunha]

@SupriyaShrinate @Ashneer_Grover Just like credit card charges being passed onto customer, even this will be passed or adjusted in the base fare!!

[Supriya Shrinate @SupriyaShrinate]

Listen in to @Ashneer_Grover as he rips apart the move to tax UPI transactions of over ₹2000

A blatant move, the cost of which merchants will eventually pass on to the consumers

[Gems of BJP @gemsofbhajpa]

BJP in Maharashtra is so corrupt that they are arresting common citizens for exposing their corruption.

[DRK @tradingwithdrk]

#ISRO

Well! Finally, after 12 years- people have found the courage to resist.

[prajwal dcunha @PrajwalDcunha]

@eonem @MongoDB Congrats! 👏
One pain point we hit in microservices: client-side drivers (via Micrometer/OTel) expose command stats, but lack DB/collection-level storage metrics (dbStats/collStats) out of the box. Would love better native alignment between app-level OTel and DB-level telemetry!

[Nishu Aazad @Nishuazad11]

अगर आज रात हमारे साथ कुछ हुआ तो इसका जिम्मेदार कौन होगा??..

[The Indian Express @IndianExpress]

#ExpressInvestigation | Delhi Police told the Supreme Court its facial recognition system flagged 2,873 people with criminal records at protest, assured no action without verification.

An Express verification shows at least 25 on that list, facing serious charges, were in jail.

Express Investigation by: Mahender Singh Manral

Read full Express Investigation: https://t.co/kRRDgSsrjA

[Abhijeet Dipke @abhijeet_dipke]

Delhi Police must answer: Why did the police ask Shaheen and Nafeesa their names and then beat them? Why were they subjected to such inhuman treatment?

Is Delhi Police acting as an extension of the RSS to harass minorities?

[prajwal dcunha @PrajwalDcunha]

@Aishani_Khanna @bbmpcomm @GBA_office @krishnabgowda @BangaloreMirror @BangaloreTimes1 @BangaloreBuzz @gkcs_ @krishnabgowda You cleared footpaths, now apply that same urgency to fixing life-threatening potholes on Varthur Road! @GBA_office @BBMPCOMM Citizens shouldn't need plastic surgery after a basic commute.