<h1>Finance Minister Pushes Cashless Transactions via NEFT, UPI, and Mobile Wallets; Waives MDR Charges to Boost Digital Payments.</h1> The Union Finance Minister held a video conference with banks to promote cashless transactions, focusing on digital channels like NEFT, mobile wallets, and UPI. This initiative aligns with the government's objective to reduce physical currency following the withdrawal of Rs. 500 and Rs. 1,000 notes. Banks are waiving MDR charges on debit cards until December and expanding efforts in semi-urban and rural areas. An advertising campaign will support this transition. As bank branch congestion decreases, normal lending, including Mudra loans, will resume, supported by NABARD for agricultural needs. These measures aim to facilitate easier banking and financial inclusion.