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UPI MDR Rollout Timeline: What Changed?
The announced framework was originally scheduled to take effect on October 15, 2026. NPCI subsequently deferred the rollout, citing the festive season, and said the revised date would be notified separately.
|
Date |
Development |
|
September 14, 2026 |
Ministry of Finance Gazette notification related to the framework |
|
September 15, 2026 |
NPCI announced the revised MDR framework; the Ministry of Finance published its clarification |
|
October 13, 2026 |
NPCI announced the postponement of the planned rollout until after Diwali |
|
October 15, 2026 |
Original implementation date; superseded by the postponement |
|
October 23, 2026 |
Revised implementation date had not been announced in the latest available reports |
The Ministry of Finance has described the framework as introduced under the Payment and Settlement Systems Act, 2007. The available official clarification does not support the claim that a separate bill was introduced on August 4 and received presidential assent on August 17, 2026; that legislative timeline has therefore been excluded.
