Rationalisation of Merchant Discount Rate (MDR) for Debit Card Transactions

RBI/2017-18/105

DPSS.CO.PD No. 1633/02.14.003/2017-18

                                                                                                                                       December 06, 2017
 

The Chairman and Managing Director / Chief Executive Officers

All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks /

State Co-operative Banks / District Central Co-operative Banks /

Payment Banks and Small Finance Banks /All Card Network Providers