Search Results for Tag : Discount Rate
News
RBI Releases Draft MDR Norms(17.02.2017)
Reserve Bank of India (RBI) has released draft norms for revamping Merchant Discount Rate (MDR), with an aim to make it more cost effective and appeal.....
Tags : Reserve Bank of India, Merchant Discount Rate
Status Quo on MDR: RBI(31.03.2017)
RBI has said that its mid-December 2016 ‘special measures’ on rationalisation of merchant discount rate (MDR) will continue whereby MDR for transactio.....
Tags : Reserve Bank of India, merchant discount rate
Notifications & Circulars
Statement on Developmental and Regulatory Policies(06.12.2017)
Rationalisation of Merchant Discount Rate
1. In recent times, debit card transactions at 'Point of Sales' have shown significant growth. With.....
Tags : Statement, Regulatory Policies, Discount Rate