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BRIEF-RBI says MDR charges reimbursement on debit card use up to 100,00 rupees can be claimed from cenbank
September 7, 2017 / 11:38 AM / in 2 months

BRIEF-RBI says MDR charges reimbursement on debit card use up to 100,00 rupees can be claimed from cenbank

Sept 7 (Reuters) - Reserve Bank of India:

* Reimbursement of merchant discount rate (MDR) charges for government transactions up to INR 100,000 through debit cards

* deduction of MDR charges from the receipts of government is not permissible at all. Source text - bit.ly/2wLPmmE

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