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Total 53 results found. Search for [ MDR ]

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Naveen Kukreja
February 1, 2018
The finance minister is all geared up to introduce Budget 2018. As with all previous Budgets, the country is abuzz with lot of speculations and expectations.


Money Today Team
NA, January 10, 2018
Snippets


www.businesstoday.in
December 30, 2017



BusinessToday.in
New Delhi, December 16, 2017
The nationwide e-way bill system will be available on trial basis from January 16, 2018 for traders and transporters to use voluntarily. The rules governing the compulsory implementation of the system will be notified on February 1, 2018.


www.businesstoday.in
December 15, 2017



BusinessToday.in
New Delhi, December 15, 2017
When payment is made at a merchant point of sale, MDR is payable by the trader to the bank. Citing this, many people make cash payments in spite of having debit cards.


BusinessToday.in
New Delhi, December 14, 2017
According to a senior finance ministry official, the surge in charges would impact Digital India movement so there is need to look into the issue.


www.businesstoday.in
December 14, 2017



BusinessToday.in
December 14, 2017
Dr Reddy's (0.96%), ONGC (0.76%), Wipro (0.73%) and Infosys (0.54%) were the top gainers on the Sensex. TCS (1.04%), Adani Ports (0.15%) and Maruti Suzuki (0.08%) were the top losers on the Sensex.


www.businesstoday.in
December 13, 2017



BusinessToday.in
New Delhi, December 7, 2017
Debit card purchases beat credit card purchases


BusinessToday.in
December 7, 2017
MDR is the cost paid by a merchant to a bank for accepting payment from their customers via credit or debit cards every time a card is used for payments in their stores. The merchant discount rate is expressed in percentage of the transaction amount.


Reuters
New Delhi, December 7, 2017
The Reserve Bank of India kept its policy rate unchanged at a more than seven-year low of 6.00 percent on Wednesday after inflation accelerated to a seven-month high and stronger economic growth reduced the need for monetary stimulus.


BusinessToday.in
New Delhi, December 6, 2017
RBI reduces merchant discount rates for debit cards


BusinessToday.in
New Delhi, December 6, 2017
The primary reason behind no change in the policy rates reflects the Reserve Bank of India's focus on inflation control, and its analysis of India's strong economic prospects.


BusinessToday.in
New Delhi, November 30, 2017
The Indian Railways has urged banks to waive or even reduce the charges on digital payments for train tickets. The Railways has promised banks more business if they scrap or minimise the charges, called merchant discount rate (MDR), in a move that  might encourage digital payments,benefit banks, travellers and also the railways.


BusinessToday.in
New Delhi, October 6, 2017
He also mentioned that a million jobs can be created in the railways ecosystem in less than 12 months.


PTI
September 28, 2017
The government's digital payments push, mainly online card payments through PoS machines, may leave already capital starved banks bleed by a whopping Rs 3,800 crore annually, warns a report.


BusinessToday.in
September 22, 2017
Indian Railways online ticketing subsidiary Indian Railway Catering and Tourism Corporation or IRCTC has been caught in a squabble with six banks over convenience fees on transactions. IRCTC has blocked these banks from using its payment gateway for debit card payments.


Joe C Mathew
August 16, 2017
US healthcare major Johnson & Johnson has joined hands with the Institute of Microbial Technology (IMTECH), Chandigarh to develop new drugs for tuberculosis (TB), a disease that kills thousands of people in India every year.


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